New rules base college funding on graduation rates - CBS46 News

New rules base college funding on graduation rates

Posted: Updated:
(Source: CNN) (Source: CNN)
ATLANTA (CBS ATLANTA) -

If Georgia's public colleges and universities want to receive taxpayer dollars, they're going to have to earn it.

A new funding formula has been approved that will force colleges to improve student success rates before state funding is granted.

As a result, schools are eligible for funding based on their graduation rates, not enrollment and credits.

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