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Commission Considers Performance-Based Funding for Illinois Colleges

Illinois' recently formed Higher Education Finance Commission this week weighed the option of funding colleges and universities based on student performance rather than enrollment numbers. 

The commission, formed to recommend options for aligning Illinois college and university funding with state educational goals, includes state legislators, academic finance experts and a cross-section of education, business, labor and nonprofit leaders.

This week's meeting, hosted by Harper College, included opening remarks from Harper President Ken Ender -- who supports putting more of an emphasis on how many students succeed at college rather than how many students enroll in college -- and comments from Eric Fingerhut, Chancellor of the Ohio Board of Regents.

Ohio implemented a performance-based funding formula for its state colleges and universities last year.

For more information on the meeting, visit http://www.ibhe.state.il.us/SJR88/schedule.htm. The link soon will include an audio recording of the meeting.

For more information on the commission, including a full list of members, visit http://www.ibhe.state.il.us/Media%20Center/2010/HTM/0726_SJR88.htm.

The commission was created via Senate Joint Resolution 88, sponsored by State Senator Ed Maloney and State Representative Fred Crespo, both of whom sit on the panel and attended this week's meeting.

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