Step 1: Spend more on universities. Step 2: Get more graduates. Step 3: Statewide prosperity! Sounds pretty simple and straightforward, right? (At least for fans of the very NSFW program … Continue reading “The “Underpants Gnomes” Theory of Higher-Ed Funding”
Politicians around the nation like to say that they have held down tuition at their state universities. Michigan’s are no different, and to validate their claim, in 2011 they added incentive-based funding to university appropriations.