SC governor wants to fund colleges based on merit - ANDREW SHAIN, the State

South Carolina should fund its colleges with a merit system that rewards schools for their graduation rates and job placements, Gov. Nikki Haley told a gathering of political, academic and business leaders Wednesday. “Colleges will not get everything they want,” Haley he said at a higher education conference that she called to encourage the colleges to better prepare students for the work force. “They will get what they earn.” Haley wants the Legislature to get away from its standard funding formulas that have given the schools the same percentages of state money year after year. http://www.thestate.com/2012/10/11/2476249/sc-governor-wants-merit-system.html