Also that state funding should match workforce demands for the state - this part makes sense.

Should it?

First off, is the point of college to fill job slots or to educate the population? It’s not a trade school.

Second, if you change funding now it impacts programs a few years down the line then prior take 4/5 years to graduate. If you overspecify your funding on the current economic situation you’re always 6 years behind when the grads hit the market.