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State treasurer says college-savings plans recovered to full funding after investment changes
State Treasurer David McRae told the Joint Universities and Colleges Committee the state's prepaid tuition and 529 plans have returned to healthy funding levels following investment-structure changes and intensified outreach; he provided enrollment figures and described modernized payment options.
IHL and LBO brief committee on funding-formula history, institutional finances and enrollment challenges
Legislative Budget Office and the IHL commissioner presented funding-formula history, recent allocations and university financial health. Members questioned why a prior NCHIMS formula was frozen and asked how to shield institutions serving high-need students while responding to an enrollment cliff.