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.