After being approved by the Senate Education and Workforce Development Committee, SB 242 is now before the Joint Ways and Means Education Subcommittee: Hearing, 8:30 AM, Wednesday April 13, Hearing Room F. Please help pass this bill.
· SB 242 is the result of a year of work by the State Board of Higher Education and an interim bi-partisan legislative committee.
· SB 242 ensures that tuition paid by students will stay with the universities to provide for educational services rather than being taken in legislative “fund sweeps” – as has been done in the past.
· SB 242 ensures that interest generated by tuition will stay with the universities. Currently it goes to the general fund where it is used to pay for programs that have nothing to do with higher education.
· SB 242 creates performance contracts between universities and the legislature to ensure results-oriented spending for every public dollar invested in universities.
· SB 242 is supported by the Oregon Student Association, the Governor, all of Oregon’s business organizations, and the state board of higher education.
