Wednesday, January 25, 2017

Collaboration saves higher ed dollars - Albert Reed, the New Mexican

Colleges and universities in New Mexico are suffering from prolonged malnutrition. Years of already tightfisted education budgets are now under enormous pressure because of 2016’s oil bust, which has led to one round of higher education cuts, sure to be followed by more in 2017. Higher education institutions face tough decisions on how to find savings while retaining quality programs and improving graduation rates. Legislators and the Legislative Finance Committee have focused our attention on the proliferation of college branches and duplication of programs and services as evidence there is plenty left to trim. However, this redundancy and overlap is a symptom of a larger problem — a funding formula that continues to promote competition rather than collaboration.

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