Abstract
This chapter examines the condition of equity in the financing of community colleges in the United States, conceptualizing equity in resource distribution and in opportunities for civic membership by drawing on economic, political-economic, and critical policy perspectives. It provides an up-to-date profile of revenue sources and trends and of the demographic composition of the student body. Analyses of declines in state investment combined with the growth in college Promise programs, which typically subsidize tuition costs for eligible students, and performance-based funding, which links a portion of state funds colleges receive to student outcomes and highlights the changing terms of the social contract of participation and membership in community colleges. We conclude the chapter with recommendations for those who research community college leadership, finance, and policy.
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The authors wish to thank Pamela Eddy and Richard Romano for comments on earlier drafts of this chapter and Sam Riggs for assistance researching college Promise programs. All errors remain our own.
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Dowd, A.C., Rosinger, K.O., Fernandez Castro, M. (2020). Trends and Perspectives on Finance Equity and the Promise of Community Colleges. In: Perna, L. (eds) Higher Education: Handbook of Theory and Research. Higher Education: Handbook of Theory and Research, vol 35. Springer, Cham. https://doi.org/10.1007/978-3-030-31365-4_7
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