More students must be funneled to two-year colleges and at least 25 percent of college budgets will be based on performance rather than enrollment numbers, the state’s higher education chief said Monday.
Sally Clausen, commissioner of higher education, told the Press Club of Baton Rouge that the details of the college funding formula overhaul are still being finalized but will be finished prior to next year’s legislative session. “It’ll reward results, not just enrollment,” Clausen said.
The end result should be 10,000 new college degree or certificate graduates by the end of 2015, on top of the current 30,500 college graduates a year, she said.