Leveraging shared savings to promote high-quality, cost-effective higher education

Leveraging shared savings to promote high-quality, cost-effective higher education

by Rand Corporation, Van L. Davis, Trey Miller

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The authors propose a Shared-Savings Model (SSM), a new funding concept for higher education that is a performance-based contract (PBC) between a state's legislature or funding agency and an institution or group of institutional partners that operates in conjunction with the traditional semester credit hour (SCH)-based funding model.

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