The St. Louis Regional Chamber is launching a collaborative initiative to increase the percentage of the area’s workforce which has a bachelor’s degree or higher.
Thirty percent of adults in the St. Louis region have at least a bachelor’s degree, ranking it 14th among the nation’s metropolitan areas. That’s just behind Los Angeles and ahead of Houston, according to U.S. Census estimates. Meanwhile, decades of slow population growth place St. Louis as the 19th most populated region.
Updated at 6:03 p.m. to include details on a House-Sen. joint committee's proposal to use performance-based criteria in a new Higher Ed. funding formula.
A joint House-Senate panel is recommending performance play a role in how much money Missouri’s colleges and universities get from the state each year.
Panel members on Monday released a proposed Higher Education funding formula, which would include performance measurement in such things as student enrollment/retention, the number of research programs at an institution, and public service to the surrounding community or state. State Senator David Pearce (R, Warrensburg) chairs the Joint Committee on Education.