Board of Regents signs GRAD Act agreements
The state Board of Regents approved agreements with all of Louisiana’s public colleges and universities to increase their graduation rates by seven percent over six years, in return for more control over their schools.
The six-year agreements are a requirement of the GRAD Act which was signed into law this past June, and set certain benchmarks for schools to meet during that period. The board reviews the schools annually and can step in at any time if the institutions aren't meeting the agreement.
According to the release the immediate goal is to raise graduation rates, but the agreements also cover 52 different areas schools should improve in such as workforce and economic development, as well as institutional efficiency and accountability.
“The new law incentivizes universities and colleges to increase graduation and retention rates and align academic programs with workforce needs which are critical as we work to deliver more value for students across Louisiana,” said Governor Bobby Jindal in a press release today.
“The fact that every institution in the state is participating is a testament to their commitment to improve,” said Board of Regents Vice Chairman Bob Levy. “The initial focus on educational attainment and workforce delivery supports the needs of the state and the expectations of the public.”
Agreements between Board of Regents and specific schools are listed on the board’s website.