Tech college funding tied to earnings

Texas technical colleges, which specialize in job training, will be funded based on graduates’ earnings rather than enrollment, starting Sept. 1. The “value-added accountability funding formula” analyzes the difference between graduates’ income five years after graduating and the minimum wage.

Tech colleges to link funding, job placement

Technical colleges in Texas are working on a plan to link all funding to graduates’ employment and earnings. Job training is the mission of the two-year public colleges.