Missouri’s Higher Education Funding Model Is “Broken”?

Regarding the tuition freeze tuition freeze at public colleges in Missouri, University of Missouri System President Gary Forsee said yesterday that the hold was a step in the right direction, but not good enough.

From the Columbia Missourian:

“The higher education business model, the funding model, is broken,” Forsee said in a morning news conference at MU with [Missouri Governor Jay] Nixon and MU Chancellor Brady Deaton. “The time to start reforming that path is now.”

At the news conference, Forsee spoke of the need to explore more efficient models of education that would employ Internet tools and flexible scheduling as well as align standards across all levels of education.

It’s not really clear what dramatic steps Forsee plans to take to “explore more efficient models of education,” though he cited his school’s joint venture with electronic medical systems provider Cerner Corporation as an illustration of possible revenue sources for universities to investiagate. More creative thinking may be needed though; the Cerner-MU partnership is expected to yield $100 million to MU over the next decade. The Missouri governor’s promised 5.2 percent cut in state support for the university system means some $25 million less for MU next year alone.

Daniel Luzer

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer