Higher education, College and Higher Education Excellence and Results (CHEER) Act established, bonus funding for eligible institutions authorized based on achievement of performance goals and objectives

This bill, called the College and Higher Education Excellence and Results (CHEER) Act, would create a program to give bonus money to colleges and universities that meet certain goals for student success and institutional performance. It would also set up a committee to coordinate this outcomes-based funding for higher education. The goal is to encourage institutions to improve student outcomes like graduation rates, employment in high-demand fields, and student retention.

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