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CPE seeks inflation adjustments and two options to boost funding for smaller colleges
Summary
The Council on Postsecondary Education asked the interim Budget Review Subcommittee on Education for $43.3M (year one) and $86.6M (year two) in inflation adjustments and proposed two approaches to help smaller institutions: a $20M first‑year minimum distribution inside the performance fund or $5.6M in one‑time direct appropriations to selected campuses.
The Council on Postsecondary Education on Friday told the interim joint Budget Review Subcommittee on Education that rising campus costs and a widening gap between state support and inflation justify significant increases in the 2026–28 operating request.
Bill Payne, CPE’s vice president for finance, outlined an inflation adjustment request of $43.3 million in the first year and $86.6 million in the second — calculated as 4.5% and 9% increases applied across institutions — and recommended boosting performance funding by $30 million in year one and $45 million in year two.
"These funds will help to offset some of the largest increases in higher education cost that we've seen in over two decades," Payne said, citing a higher‑education…
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