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Ways to spend $40M college fund being considered

7 months ago Wednesday, August 06, 2014 2:55:51 PM CDT August 06, 2014 Wednesday, August 06 2014 Aug 6, 2014 in News
Source: Associated Press

BATON ROUGE - Louisiana college, economic development and labor officials trying to decide how to split a new $40 million higher education incentive fund have hit a stumbling block: which jobs forecast to use.

The issue, which surfaced at a meeting Wednesday, isn't a minor one.

Deciding which degree areas are in most demand and which skills are most valuable to the state will determine how the money is spent - and which schools get the dollars.

Gov. Bobby Jindal and lawmakers set aside the money for college research and training programs that will fill high-demand jobs in the state.

A council set up to make recommendations for spending the money didn't settle on which forecast to use, instead saying that will be decided at a future meeting.

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