The economic pressures facing students are likely to intensify in coming years due to the long-term effects of the pandemic and the disproportionate burdens placed on students from historically underserved groups. At the same time, policymakers' concerns about return on investment in higher education have led several states to incorporate workforce metrics into their performance-based funding (PBF) policies. In this brief, we examine the impact of various types of PBF policies on college student earnings.
