Postsecondary Education council unanimously approved its 2014-16 budget recommendation for the postsecondary education sector and its nine institutions at its meeting held yesterday at Madisonville Community College.
Their recommendation will call for an increase of $46.4 million in 2014-15 and which is an increase of $49.4 million, in 2015-16 for institutional operations.
The additional funding will advance state goals, including degree production, college and career readiness, and research and economic development.
“A large and growing share of future jobs will require college-educated workers.
We must reinvest in higher education to develop the highly trained skilled workforce our state needs and to expand support for campus collaboration with our colleagues in K-12 education,” said Bob King, president of the Council on Postsecondary Education.