Submitted by Lynn Russo Whylly on Tue, 12/11/2012 - 1:03pm
Ten percent of state funding for Missouri's colleges and universities would depend on whether they can meet performance goals such as improved graduation rates, according to a plan presented Monday to state lawmakers. It's part of an initiative, required by state law, to develop a funding formula for higher education institutions similar to what exists for public K12 education.
Submitted by Lynn Russo Whylly on Tue, 12/11/2012 - 12:10pm
Millions of dollars from the new tax revenue earmarked for the University of California system as part of the state's recently passed Proposition 30 will instead be routed to major financial firms because of bad bets made by a Wall Street-influenced UC Board of Regents. Over the last decade, tuition and fees for undergraduates in the UC system have tripled, adding enormous debt burdens to UC graduates and pushing lower-income students into the already overstretched state college and community college systems, or out of higher education altogether.