UPDATE: Missouri lawmakers consider higher education funding formula

Monday, December 10, 2012 | 4:33 p.m. CST; updated 5:36 p.m. CST, Monday, December 10, 2012

JEFFERSON CITY — Ten percent of state funding for Missouri's colleges and universities would depend on whether they can meet performance goals such as improved graduation rates, according to a plan presented Monday to state lawmakers.

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