Performance-based funding has been on the rise since the 2008 financial crisis, with more than 30 states either adopting or considering the approach. Academic leaders are in a difficult position to both respect legislators' call for accountability in the face of limited resources, and demand continual, open dialogue around the formulas used to define success, as well as the risks and side effects.
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The Chronicle's issue brief,
"The Rise of Performance-Based Funding: How Colleges Are Adapting in the New Age of Accountability" and learn about the current national landscape of this funding model. You'll get success stories, expert advice, and data to help you navigate the intricacies of performance-based funding, which was created as an incentive for institutions to improve student success.