Posted: Jun 30, 2010 5:50 PM
Updated: Jun 30, 2010 5:50 PM
BATON ROUGE, La. (AP) Gov. Bobby Jindal has signed into law a bill that lets Louisiana's colleges boost tuition up to 10 percent a year, beginning this fall.
To get the tuition increases, the schools will have to agree to work on performance improvements, like increasing admission standards and beefing up graduation rates.
Jindal called the bill a strong incentive for schools to better prepare students and to align academic programs with job needs.
The Louisiana GRAD Act comes as higher education has been cut by nearly $300 million over two years and as college leaders brace for another $300 million in reductions within a year.
If all colleges raise their tuition 10 percent in the 2010-11 school year, that would generate $68 million.
House Bill 1171 can be found at www.legis.state.la.us