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Higher ed leaders support incentive fund

1 year ago April 07, 2014 Apr 7, 2014 Monday, April 07 2014 Monday, April 07, 2014 10:11:30 AM EDT in News
Source: Associated Press

BATON ROUGE - Governor Jindal's plan for a new $40 million incentive fund is getting support from higher education leaders at the State Capitol.

The fund would send money into high-demand degree and job training programs.

The program is among Governor Jindal's budget recommendations discussed in the House Appropriations Committee Monday.

The Workforce and Innovation for a Stronger Economy Fund, called the WISE Fund, would direct dollars to science, technology and research programs at four-year universities and community and technical colleges.

Committee members questioned whether the state can afford a new program while state finances remain tight.

Sandra Woodley, president of the University of Louisiana System, told the committee the incentive fund would help Louisiana "start making a dent" in filling tens of thousands of petrochemical, engineering and manufacturing jobs.

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