Ways to spend $40M college fund being considered

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Posted: Aug 6, 2014 4:55 PM by Melinda Deslatte
Source: Associated Press

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Topics: Louisiana, higher education, incentive fund, training, research

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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