TSTC pioneers the way for performance based funding - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

WACO

TSTC pioneers the way for performance based funding

WACO, TX (KXXV) -

This fall, Texas State Technical College will be the first and only higher education system in the country to be 100% performance based.

The traditional funding method has always been based on enrollment.The more students in class and the longer they're in class, the more money schools make.

The college has been working towards this new method since the 80th Legislative Session. This session lawmakers approved the new funding method.

"The more a student makes, the more TSTC will be funded," says Reeser.

TSTC's Chancellor Michael Reeser says that's the basis of the new model.

Starting this September, TSTC's funding will be based on the jobs graduates get and how much they earn above minimum wage.

The courses offered at all campuses are based on the states economy. The Texas Workforce Commission will track student's earnings for the first 5 years of their career.

TSTC Senior Instructor John Goebel says there's a need for skilled workers.

"This is not something that you could get someone off the streets and say we need you to do this," says Goebel. "Industry realizes this is a great watering hole where they can get a drink of water because they can get this kind of expertise."

The new funding method means the end to some lower paying programs that will be offered.

"It is inevitable that program mix is likely to evolve. Not just in the near future but on an ongoing basis," said Reeser. "The reason is it will have to be aimed at those jobs that are in the highest demand and highest salaries."

While enrollment is down more students are graduating and working in their fields. TSTC sees this as an advantage to focus on employing their students.

"When our students succeed, we succeed," says Reeser.

  • NewsMore>>

  • Congress releases redacted, declassified Democratic memo

    Congress releases redacted, declassified Democratic memo

    Saturday, February 24 2018 4:45 PM EST2018-02-24 21:45:36 GMT
    Saturday, February 24 2018 10:37 PM EST2018-02-25 03:37:13 GMT
    The White House objected to its release Feb. 9, citing national security concerns. Democrats have since negotiated with the FBI on what should be blacked out.The White House objected to its release Feb. 9, citing national security concerns. Democrats have since negotiated with the FBI on what should be blacked out.

    Congress has released a redacted, declassified memo that aims to counter GOP allegations that the FBI abused government surveillance powers.

    More >>

    Congress has released a redacted, declassified memo that aims to counter GOP allegations that the FBI abused government surveillance powers.

    More >>
  • Trump floats new gun measures as gun owners talk 'betrayal'

    Trump floats new gun measures as gun owners talk 'betrayal'

    Saturday, February 24 2018 1:15 AM EST2018-02-24 06:15:31 GMT
    Saturday, February 24 2018 10:36 PM EST2018-02-25 03:36:53 GMT
    (AP Photo/Evan Vucci). In this Feb. 22, 2018, photo, President Donald Trump speaks during a meeting with state and local officials to discuss school safety in the Roosevelt Room of the White House in Washington. Trump could face a backlash from gun rig...(AP Photo/Evan Vucci). In this Feb. 22, 2018, photo, President Donald Trump speaks during a meeting with state and local officials to discuss school safety in the Roosevelt Room of the White House in Washington. Trump could face a backlash from gun rig...
    President Donald Trump could face a backlash from gun rights advocates by voicing support for gun control measures.More >>
    President Donald Trump could face a backlash from gun rights advocates by voicing support for gun control measures.More >>
  • After years of dejection, proponents of gun laws see hope

    After years of dejection, proponents of gun laws see hope

    Saturday, February 24 2018 10:35 AM EST2018-02-24 15:35:23 GMT
    Saturday, February 24 2018 10:36 PM EST2018-02-25 03:36:12 GMT
    The progression has become numbingly repetitive - mass bloodshed unleashed by a gunman, followed by the stories of the fallen, the funerals and mourning. (Source: AP Photos)The progression has become numbingly repetitive - mass bloodshed unleashed by a gunman, followed by the stories of the fallen, the funerals and mourning. (Source: AP Photos)

    "Our kids have started a revolution:" Teens' activism after Florida school shooting has some hopeful for action on gun policy.

    More >>

    "Our kids have started a revolution:" Teens' activism after Florida school shooting has some hopeful for action on gun policy.

    More >>
Powered by Frankly