GRAD Act report hurts school funding for Southern system - KTBS

Students no doubt will be glad tuition won't rise at southern university campuses this fall. But schools that failed to meet the standards of the grad act will feel the pinch of trying to maintain buildings and pay faculty. This makes a hard decision even harder because system wide it is about 3 million dollars less than we had planned on in the budget but we will make the adjustment and we will balance the budget and we will move forward," said Ronald Mason Jr. President of Southern University Systems. With the state reducing funding to higher education in recent years, lawmakers in 2010 agreed to give schools latitude in raising their tuition, If they hit certain performance benchmarks, such as increased graduation rates to qualify. http://www.ktbs.com/story/25960270/grad-act-report-hurts-school-funding-for-southern-system