AUSTIN (CBSDFW.COM) – Only 30 percent of college students in Texas get their four-year degrees within four years. State lawmakers want to improve that figure and are working on ways to make the schools more responsible.
It’s called outcomes based funding, tying graduation rates into the amount of money the colleges and universities get from the state.
State Representative Dan Branch of Dallas says Texas will phase into the plan with a 10-percent incentive. In Texas’ case 10 percent would be $200-million dollars.
Austin Bureau Chief Chris Fox Reports:
Branch questions whether 10 percent is enough for colleges. Other states have successfully tied 25-percent of their Higher Education budgets to the outcomes-based-funding metric.
Some states like Tennessee determine 100 percent of funding to this metric.
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