California's Assembly Budget Subcommittee No. 3 on Education Finance convened on May 6, 2025, to discuss critical funding for higher education modernization and student housing. A key highlight of the meeting was the emphasis on the importance of modernization funds, particularly for institutions like Lake Tahoe Community College, which is nearing completion of a new housing facility with 100 beds. This development is seen as vital for attracting students and enhancing educational opportunities in the region.

Members of the subcommittee expressed concerns regarding the allocation of funding, particularly the scoring metrics that favor larger campuses over smaller ones. Some representatives argued that this approach could disadvantage smaller institutions, which also face significant needs for modernization and support. They called for a reevaluation of the metrics to ensure that funding is equitably distributed, taking into account the unique challenges faced by smaller colleges and regions with historically low educational attainment.

The discussion also touched on the concept of "college deserts," areas lacking access to higher education. Subcommittee members highlighted the necessity of targeting funding to these regions to improve educational access and outcomes. Suggestions were made to shift the focus from campus size to utilization rates and regional needs, ensuring that funding decisions reflect the diverse landscape of California's educational institutions.

In closing, the subcommittee underscored the economic benefits of investing in student housing and facility projects, noting that such initiatives not only support education but also stimulate job creation and economic growth in the state. The meeting concluded with a commitment to keep the discussion open as they explore further funding strategies and metrics for future allocations.