Illinois lawmakers are rallying behind Senate Bill 3965, a groundbreaking piece of legislation aimed at overhauling the state's higher education funding system.
The bill introduces an adequacy and equity formula designed to address the $1.4 billion underfunding issue plaguing Illinois public universities, with a special focus on supporting regional and minority-serving institutions. Spearheaded by Carol Ammons and supported by members of the Illinois Senate Higher Education Committee, the proposed model seeks to rectify the current politically-driven and inequitable distribution of funds.
This initiative represents a significant shift towards a more equitable and needs-based approach to funding higher education in Illinois.
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Finally, Illinois is taking a step in the right direction to make higher education accessible and fair for everyone, especially for marginalized communities!
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Illinois underfunds public universities by $1.4B, report says. Is there a solution?
Carol Ammons, D-Urbana, unveiled Senate Bill 3965 — creating a new ... it became clear that the state's current funding system is broken," said Lightford, a member of the Illinois Senate Higher Education Committee, during the press conference held ...
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Illinois Bill Introduces Novel Higher Ed Funding Model
If the ambitious legislation passes, future budget appropriations would be based on an adequacy and equity formula, particularly benefiting regional and minority-serving institutions.
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