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What is Balance Wheel Model

Handbook of Research on Revisioning and Reconstructing Higher Education After Global Crises
Theory that argues that when the economy is good, state legislatures will increase monies for higher education at a faster rate than other government services. The reverse is also true, when states face an economic downturn, they are more likely to decrease funding to higher education at a faster rate than other budget categories.
Published in Chapter:
Affordability and State Support for Higher Education
Ramona Sue McNeal (University of Northern Iowa, USA), Lisa Dotterweich Bryan (Western Iowa Tech Community College, USA), and Mary Schmeida (Kent State University, USA)
DOI: 10.4018/978-1-6684-5934-8.ch005
Abstract
The COVID-19 pandemic has helped to accelerate an already declining rate in college enrollment in the U.S. tuition, and college fees have continued to outpace inflation, pricing some students out of higher education. State appropriations can help offset the cost of college, but state support varies significantly. While some states have been creative in promoting college affordability by adoption programs including bans on scholarship displacement and promise programs, others have reduced funding. Why has the state-level response differed so significantly? In exploring this question, this chapter examines the influence of state-level factors on state appropriations for higher education for the years 2010 through 2020. Pooled cross-sectional time series data that controls for variation between states and over time is used.
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