Sec. 2. In developing the long range plan, the commission shall take into account:
(1) the plans and interests of the state private postsecondary educational institutions;
(2) anticipated enrollments in state public and private postsecondary educational institutions;
(3) reducing the financial burden on students and their families for postsecondary education;
(4) the impact on economic development;
(5) the higher educational operating funding outcomes based formula created by the commission under IC 21-18-16; and
(6) other factors pertinent to the quality of educational opportunity available to the citizens of Indiana.