Hunt: State Needs Incentive Funding in Higher Ed
In many developed countries, the youngest generation in the workforce has a significantly higher instance of achievement in higher education than the oldest generation. That’s not the case in Texas.
Even in El Paso businessman Woodley "Woody" Hunt’s rosiest projections, if Texas hopes to have a fighting chance in the global economy in 20 years, the rate at which the state’s universities and colleges confer degrees will have to increase at least 4 percent annually. And that depends on an additional 600,000 or more adults going back to school to finally get a degree, as ...
Comments (1)
Richard Moore
Reallocating a portion of the formula funds to be based upon the achievement of outcomes would be a good move. There has to be balance though and funding based upon outputs is also important – the graduation rates at universities are more related to the socio-economic status of the students than to the education quality/process. Institutions meeting the critical education needs of many Texans would be hard pressed to make it on outcome related funding exclusively.