Cost and Financing

BE IT THEREFORE RESOLVED, that The Council of State Governments encourages state legislators and government officials to recognize the importance of higher education to their economic growth and development and that state policymakers place a greater emphasis on improving access to higher education so that their citizens can obtain the skills necessary to compete in today’s changing economy.

BE IT FURTHER RESOLVED, that The Council of State Governments encourages state legislatures to offer more stability in revenue for institutions of higher education. States should consider financial incentives or rewards aimed at colleges and universities for courses students complete as well as for students enrolled.

Suggested State Legislation: The Act prohibits lenders from making gifts, defined as having not more than nominal value, to colleges and universities and their employees, in exchange for any advantage or consideration provided such lenders related to their educational loan activities.

Suggested State Legislation:This Act creates a program to reimburse education costs for residents who obtain an associate degree or a bachelor’s degree in the state, and live, work and pay taxes in the state thereafter.

Suggested State Legislation: This Act establishes a program to provide grants of up to $2,000 per year to state residents who successfully complete an associate degree program at a public two-year institution of higher education and subsequently enroll in a four-year institution.