Hillman, NicholasKelchen, RobertGoldrick-Rab, Sara2019-04-252019-04-252013-02-01http://hdl.handle.net/10919/89213Historically, the state’s colleges and universities have received state appropriations based on funding formulas that reflect a combination of student enrollment at the beginning of the fall semester, mission-specific funding, and funding received in past budget cycles. While this approach helps provide stability and fiscal certainty for educational institutions, it also includes a potentially perverse incentive to focus on enrolling students rather than graduating them. Drawing on the latest empirical evidence, the report aims to provide a fair treatment of the potential benefits and costs of a PBF approach to funding higher education in Wisconsin. Then, it points out forth several recommendations aimed at ensuring the effective and equitable implementation of a PBF model, with the hope that a carefully designed and thoughtfully executed effort will lead to successful outcomes for all adults seeking a postsecondary education in the state.application/pdfen-USCreative Commons Attribution-NonCommercial-NoDerivatives 4.0 Internationaleducation, higher--Wisconsin (State)higher education systemeducational attainmentcivic engagementadult studentsReporthttps://www.mus.edu/data/Reports/Wisconsin_Study_Performance_Funding.pdf