We compiled the first longitudinal dataset with detailed funding information to help us examine whether different funding strategies affect college access and completion, with a focus on outcomes among racially minoritized students. We found no relationships between funding mechanisms and student outcomes at community colleges. However, at public universities, we found that funding strategies with a base-plus component may bake in already-existing funding inequities. This leads to a system in which racially minoritized students, particularly Black students, face challenges when seeking to complete a degree.
