Gov. Jay Nixon on Wednesday urged the Missouri Legislature to restore his budget request for a $56-million increase in higher education performance funding to avoid tuition hikes at state colleges and universities.
“We have the money to spend this year and it’s time we invest in the priorities we have, education. The $150 million for K-12 and the $56 million for higher education. The $56 million would specifically guarantee a tuition freeze,” Nixon said.
The House reduced the performance funding increase to 2% for all colleges and universities except the University of Missouri, for which it proposed no performance-based increase. That two-percent increase would only be funded if revenue increases as much as Nixon predicts. Nixon’s revenue estimate is higher than what the House based its budget on.
Read more: Missourinet