Posted: Oct 27, 2010 4:44 AM by Andrea Fontenot
Source: Associated Press
Louisiana's public colleges are entering into contracts pledging to boost graduation rates, improve student achievement, and eliminate underperforming programs in exchange for increasing tuition by up to 10 percent a year.
The Board of Regents will consider the performance agreements Wednesday for 34 campuses.
If approved, the colleges will be able to access the increased tuition money, which they've been charging since the start of the fall semester, but which has been held in escrow until they work out the details of the performance contracts.
The voluntary, six-year agreements are tied to a new law called the GRAD Act.
The Regents board will measure whether schools are meeting their improvement goals each year to determine if they can continue raising tuition.