Lambert Bill to Reform Higher Education Funding Passes Senate

A bill sponsored by Senator Kent Lambert (R-Colorado Springs) to reform higher education funding passed the Senate today on a 33-2 vote. 

HB-1319, sponsored by Senator Lambert, would change the way Colorado finances higher education. Under this bill, most higher education money will now follow students through Colorado Opportunity Fund stipends. It will also implement some performance-based funding such as incentives for higher graduation rates. 

This system modifies the old block-grant system, where most of the funding for the higher education system was allocated directly to the governing boards of each college, which bypassed considerations like enrollment growth and failed to reward good performance. 

“High performing schools deserve a higher share of financial funding from the state,” said Senator Lambert. “While Colorado’s students have entered the 21st Century of technology and learning, our funding system lacked transparency and rewarded institutional politics over student choice. With the financial reforms established by HB-1319, money will more closely follow the student instead of being appropriated to institutions without regard for their performance. We have sought this reform for many years, and think this is a great step forward for Colorado students.” 

Do you like this post?

Be the first to comment

Signup for Email Updates