June 8, 2007
Texas Budget Rewards Retention
Texas lawmakers have passed a budget that will financially reward colleges for improving graduation rates and provide new help to troubled Texas Southern University.
At the behest of the Legislature's Republican leadership, the budget package includes $100-million in incentive funds to reward colleges for each student they graduate. That amount was less than the $350-million Gov. Rick Perry, a Republican, had requested, but enough to persuade him to abandon threats of a
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