Higher education funding formula under microscope
CARSON CITY, Nev. (AP) -- Nevada lawmakers are drilling into the details of a new funding formula for higher education will send more money to campuses in southern Nevada at the expense of the northern and rural areas.
Gov. Brian Sandoval has proposed $472 million a year for the Nevada System of Higher Education, the same as existing spending levels. But how that money is divvied up is creating angst among institutions that will lose money, especially community colleges.