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The Lumina Foundation last week released a new series of white papers on how public colleges are responding to performance-based funding policies in their states. The five papers by outside experts follow two previous batches the foundation funded and produced. The latest round focuses on how colleges can structure their academic programs and finances to support student success.

Lumina said the papers "focus on how institutions can align internal finances, student supports and incentives, and educational delivery to respond to funding formulas that create incentives for on-time degree completion and year-over-year increases in the numbers of students of color and at-risk students who earn degrees or other credentials."