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New Mexico has nearly three dozen higher education institutions, which together absorb about $750 million of this year’s general fund budget and service more than 100,000 students. “With 31 public higher education institutions in our state, can we can we afford to have them all?"

For higher education, the Legislative Finance Committee (LFC) hearing in December is the biggest and most important of the interim season. This is when institutions outline their legislative requests and when legislators work hard to deflate campus expectations.

When the Higher Education funding proposals left House Appropriations Monday evening, it was with the firm directive from committee members that the Legislative Finance Committee (LFC) and the executive branch, represented by the Higher Education Dept...

Higher education came before the House Appropriations and Finance Committee this afternoon, in what can best be described as the "Tale of Two Formulas" or the "Battle of the Funding Formula."