By Eric Kelderman

Another report has concluded that the financial model for higher education is broken. The difference this time is that the report calls on both state lawmakers and campuses to share in the burden of fixing the problems.

The National Association of State Budget Officers, a nonpartisan group of state-government officials, released its analysis of higher-education finance on Wednesday, along with several broad policy suggestions. The Bill & Melinda Gates Foundation paid for the report and helped cover the cost of convening more than 40 state budget officers at two meetings to discuss how states could use the budget process to achieve better results from higher education.

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