One of the provisions in Gov. Scott Walker's budget, which he'll officially unveil on Wednesday, will be changing the funding model for Wisconsin's technical colleges, including Gateway Technical College, according to a story by The Journal Times.
Technical colleges receive $83.5 million in state aid and Walker wants to increase that to $88.5 million. However, beginning this year, Walker wants 10 percent of that funding would be tied to the colleges achieving their performance benchmarks and by the year 2020, all of that funding would be tied to meeting those benchmarks.
The details around how the funding formula would work still need to be hammered out by the Wisconsin Technical College System.
According to the story, Gateway Technical College President Bryan Albrecht supports the change.
Already, Gateway and other technical colleges have a system in place to track job placement, Albrecht said. For instance, 85 percent of students who graduated from Gateway in May 2011 had jobs six months after graduation.
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