Learn why reducing economic barriers to higher education is vital to meeting future workforce needs.
By Paul Cerkvenik
To secure Minnesota’s future economic vitality, our state needs to help more students earn postsecondary degrees after high school. We’re facing slowing growth in our workforce, while at the same time the demand for college-educated employees is increasing. Workforce shortages are already here in some fields and will only grow. Our challenges are compounded by Minnesota’s persistent educational attainment gaps — gaps that are tied to income, race and ethnicity.
Learn about the state’s new incentive for 529 savings plans, the new student loans tax credit, and how State Grant funding fared.
Policymakers ended the recent legislative session in a tussle over a number of tax and budget issues, as is often the case. While partisan drama garners lots of media attention, what can be missed are all the agreements that were reached and policy changes that occurred. When it comes to higher education, legislation passed in the 2017 session will help college students, recent grads and those saving for college.
Delve into how the state’s economy depends on an educated workforce and the challenges ahead.
By Paul Cerkvenik, Minnesota Private College Council President
“A skilled workforce is the cornerstone for Minnesota to be ready to change and grow. Our workforce is recognized as one of the best in the nation. Minnesota must narrow the persistent achievement gap to ensure ALL Minnesotans are job ready for the challenges of a global economy.”
New funds for college students and higher education face high hurdles at this year’s Minnesota Legislature despite budget surplus.
Funding for college students and higher education is one of many topics under consideration in St. Paul, with the Minnesota Legislature convening earlier this month. But given that this is not a typical budgeting year, any ideas for new funds will have high hurdles to overcome.
While much remains unresolved this legislative session, lawmakers did pass a higher education bill that Gov. Mark Dayton signed on May 23. Along with providing funding to the state’s two public university systems, the bill expanded the State Grant program.
While much remains unresolved this legislative session, lawmakers did pass a higher education bill that Gov. Mark Dayton signed on May 23. Along with providing funding to the state’s two public university systems, the bill expanded the State Grant program — a critical source of need-based grants for one out of four Minnesota college students.
Larger need-based grants for Minnesota college students may be awarded next fall, depending on how the state budget bill gets finalized. Read about what’s next and how other higher ed topics are faring.
Larger need-based grants for Minnesota college students may be awarded next fall, depending on how legislators and Gov. Mark Dayton agree to finalize the state’s omnibus budget bill. Both Gov. Dayton and the Senate have supported increasing State Grant awards for about 100,000 college students. But the Minnesota House has not acted on that proposal, which means the fate of any increase will remain uncertain for a few more weeks.
The Minnesota Private College Council is asking legislators to increase State Grants — as proposed this week by the governor.
With the supplemental budget that the administration released in early March, Gov. Mark Dayton has proposed reinvesting the balance in the State Grant program to increase State Grant awards for thousands of college students. The Minnesota Private College Council (MPCC) supports the governor’s State Grant proposal, and asks legislators to act on it.
Higher education spending will increase by $250 million in the next two-year budget, including increased investments in the State Grant program.
College students and their families will benefit greatly from decisions made in the just-completed 2013 legislative session. The Legislature and Gov. Mark Dayton agreed to increase higher education spending by $250 million in the next two-year budget, including increased investments in need-based financial aid through the State Grant program and in direct appropriations to public institutions.
New investments in Minnesota college students through need-based financial aid are a focus for both the Dayton administration and the state Senate, both of which provide as much new money for the State Grant program ($80 million) as they provide for each of the public systems.
New investments in Minnesota college students through need-based financial aid are a focus for both the Dayton administration and the state Senate, both of which provide as much new money for the State Grant program ($80 million) as they provide for each of the public systems, the U of M and MnSCU. The benefits of the State Grant investment would be widespread; about 5,000 students would be newly eligible for grants and students would see their grants increase an average of $300.