States Experiment With Financial Incentives For Graduation

Tennessee and New Mexico give money to institutions for graduating high numbers of older and low-income students. Mississippi uses the power of the purse to promote science and technology programs. And Missouri is tying taxpayer dollars to graduation rates and students’ scores on tests and professional licensing exams. The goals differ from state to state, but performance-based funding is a growing trend in higher education. (Stateline.org, 07/08/13)