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News Brief

April 26, 2013Savannah, MO |  By: MDN

Mo Senate Debates Higher Ed Funding

How much money the state gives a school could be determined by students' ability to get jobs out of college.

This proposal, under a new higher education funding formula, gained first round approval in the state Senate this week. Savannah Republican Senator Brad Lager says linking career placement to a school's state funding would provide an incentive for colleges and universities to ensure their graduates enter the workforce.

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Republican Senator Rob Schaaf of St. Joseph says this percentage of funding based on job placement puts too much of a burden on the university due to unknown future economic conditions.

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As the formula currently stands, ten percent of a school's funding will be based on career placement numbers.