The Indiana Commission for Higher Education wants state lawmakers to rethink the formula for funding higher ed. But that proposal isn’t being met with universal praise. The issue was debated in hearings at the State Budget Committee this week. The old funding formula prioritized improvements in completing degrees. The commission said the new formula should be broader. Commissioner Chris Lowery said it should include improvements in the percentage of high schoolers who go to college, degree completion and keeping graduates in Indiana.
