Legislative panel hears competing higher‑education budgets as LFC favors base funding over new grants The Legislative Finance Committee reviewed the Higher Education Department budget, where the LFC recommends a larger increase to core (ING) funding and fewer new RPSP grants than the executive branch, while members pressed officials on student retention, scholarship deficits and tuition language.

New Mexico's higher education budget debate heats up as the Legislative Finance Committee pushes for increased core funding while grappling with low student retention rates and degree attainment.

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