The Louisiana Constitution charges the Board of Regents with the responsibility of developing a funding formula for the equitable distribution of state funds to the state’s public postsecondary education institutions. The formula has been designed to also reflect what is “important” in higher education in an effort to drive public policy and accountability to support the Louisiana Prospers Master Plan.
The Master Plan
To move Louisiana aggressively forward, the Board of Regents has embraced a robust new attainment goal that calls for 60% of all working-age adults (ages 25-64) in Louisiana to hold a degree or high-value credential by 2030. As we stand on the brink of a new decade, this Master Plan, born of the Board of Regents’ unique charge to guide postsecondary education across the state, will set the foundation to increase opportunity. Our Talent Imperative is to Educate, Innovate, and Collaborate.