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Midwestern Higher Education Compact briefs committee on savings, enrollment trends and effective college‑access practices
Summary
The Midwestern Higher Education Compact told the Senate Higher Education Committee that its contracts and programs generated about $9.26 million in savings for Minnesota in FY 2024 and highlighted enrollment trends, interstate student flows and evidence on what college‑access interventions work.
Susan Heegard, president of the Midwestern Higher Education Compact (MEC), and Dr. Eric Wiederspan (presented as Dr. Wiederspan) gave a briefing to the Senate Higher Education Committee on MEC services, statewide savings and research on college‑access strategies.
Heegard described MEC’s dual focus on cost‑saving contracting and policy research and told members the compact produced roughly $9.26 million in annual savings for Minnesota institutions in fiscal 2024 and an estimated 81‑to‑1 return on the state’s membership appropriation. “For FY ’24 the cost savings for Minnesota [were] $9,260,000 in total annual savings for the colleges, university, school district,…
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