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Performance pay...for universities?
To many observers, it might seem a bit absurd that college and university officials are making the rounds at Congressional hearings to beg for more money for student aid and state appropriations, as the Chronicle of Higher Education reported yesterday.
Fortunately, there are voices calling for more responsible stewardship of tuition, taxpayer, and endowment dollars. A new report from the National Council of State Legislatures recommends, among other things, that higher education funding be linked to performance measures such as retention and graduation rates. ACTA's recent report cards on Georgia and Missouri both evaluate institutions in terms of retention and graduation rates, as well as performance as a criterion for funding. Trustees would be well advised to take note.
Posted by Sandra E. Czelusniak on December 12, 2008 at December 12, 2008 03:37 PM
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