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LSU-E threatens ‘exigency’
Regents refuses to modify goals; ‘death spiral’ warned
BY JORDAN BLUM
Capitol news bureau
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The Louisiana Board of Regents refused Wednesday to modify performance and funding goals for LSU at Eunice in a move that LSU officials said could financially cripple the two-year college.
The LSU-E decision represented the first test case of the LA GRAD Act legislation and the Board of Regents members saying they refused to set a precedent for a college changing the goals the college agreed to reach.
The 2010 LA GRAD Act allows colleges to hike tuition costs by up to 10 percent a year if they meet certain performance goals like improved graduation and retention rates.
But the state’s performance-based funding formula revised earlier this year also bases 15 percent of overall state funding for each college on meeting the GRAD Act goals.
“This is the first test of the GRAD Act,†said Regents Chairman Bob Levy, of Ruston. “I think it’s important we follow the spirit and the letter of the law. I don’t think we change the goal line in the middle of the game just because of misunderstandings or we missed the targets.â€
http://theadvocate.com/news/education/1512813-64/lsu-e-threatens-exigency.html
Regents refuses to modify goals; ‘death spiral’ warned
BY JORDAN BLUM
Capitol news bureau
0 COMMENTS
The Louisiana Board of Regents refused Wednesday to modify performance and funding goals for LSU at Eunice in a move that LSU officials said could financially cripple the two-year college.
The LSU-E decision represented the first test case of the LA GRAD Act legislation and the Board of Regents members saying they refused to set a precedent for a college changing the goals the college agreed to reach.
The 2010 LA GRAD Act allows colleges to hike tuition costs by up to 10 percent a year if they meet certain performance goals like improved graduation and retention rates.
But the state’s performance-based funding formula revised earlier this year also bases 15 percent of overall state funding for each college on meeting the GRAD Act goals.
“This is the first test of the GRAD Act,†said Regents Chairman Bob Levy, of Ruston. “I think it’s important we follow the spirit and the letter of the law. I don’t think we change the goal line in the middle of the game just because of misunderstandings or we missed the targets.â€
http://theadvocate.com/news/education/1512813-64/lsu-e-threatens-exigency.html