FOR IMMEDIATE RELEASE
January 14, 2025
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Lisa Gates, Vice President of Communications, (614) 224-3255
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In New Report, The Buckeye Institute Offers Policy Solutions to Transform Higher Education in Ohio
Columbus, OH – In a new policy report, Transforming Higher Education in Ohio: Reforms Needed Today to Prepare for Tomorrow,
The Buckeye Institute offers eight commonsense policy reforms that
lawmakers should adopt to ensure that Ohio’s higher education system is
preparing graduates to meet the demands of the 21st century job market.
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“The
reforms outlined in The Buckeye Institute’s report will foster
competition in higher education, reduce academic overhead, and encourage
students to pursue studies that yield stable incomes after graduation,”
said Greg R. Lawson, co-author of the report and a research fellow at The Buckeye Institute. “Ohio’s future depends on change.”
By
adopting The Buckeye Institute-recommended reforms, Ohio policymakers
will make the state’s higher education system more flexible and
responsive to students and families, and they will reward cost-effective
instruction that prepares graduates to meet the demands of the 21st century job market. Policymakers at the state and federal levels should:
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Allocate Funding to Reward Student Outcomes:
Allocate a greater share of public funding to reward schools for low
debt-to-income ratios, high job placement, and low loan default rates.
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Spur Higher Education Competition:
All higher education institutions—4-year colleges and universities, and
community colleges—should compete using outcome-driven metrics for a
share of public funding.
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Expand the Ohio College Opportunity Grant Program:
Allow grants to cover non-tuition costs at community colleges and
short-term credentialing classes to help non-traditional and
lower-income students earn an associate’s degree or job credential.
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Cap Administrative Spending:
Limit non-instructional and administrative expenses at public
universities and colleges and reduce the state share of instruction for
any school that exceeds the cap.
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Reevaluate Tenure at State Schools: Reform policies to better align tenure to academic performance.
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Reform Occupational Licensing and Degree Requirements: Eliminate unneeded bachelor’s degree requirements, especially for government jobs.
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Expand Pell Grants for Workplace Credentials:
Expand eligibility to students seeking short-term certificates,
credentials at for-profit schools, certifying entities, community
colleges, and industry associations.
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Lower the Cost of Higher Education: Require colleges and universities to guarantee student loans and share in the risk of the student loan investment.
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The Buckeye Institute’s recommended funding allocation for community colleges and four-year universities are as follows: | |
Click on the charts to view interactive versions and for embed codes.
Greg
R. Lawson, a research fellow at The Buckeye Institute, and Logan Kolas,
director of technology policy at the American Consumer Institute and a
former economic policy analyst at The Buckeye Institute, co-authored Transforming Higher Education in Ohio.
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Founded in 1989, The Buckeye Institute is an independent research and educational institution – a think tank – whose mission is to advance free-market public policy in the states.
The
Buckeye Institute is a non-partisan, non-profit, and tax-exempt
organization, as defined by section 501(c)(3) of the Internal Revenue
code. As such, it relies on support from individuals, corporations, and
foundations that share a commitment to individual liberty, free
enterprise, personal responsibility, and limited government. The Buckeye
Institute does not seek or accept government funding.
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The Buckeye Institute | 88 East Broad Street Suite 1300 | Columbus, OH 43215 US
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