WINDFALL PROMISE:
Gov. Kathleen Babineaux Blanco of Louisiana has proposed increasing state spending on higher education by about $196-million, or nearly 17 percent, in the coming fiscal year. Of that amount, $80-million would go toward giving faculty members at public colleges a pay increase and helping the institutions bring new faculty members on board. On top of the $196-million, Ms. Blanco, a Democrat, has called for state lawmakers to appropriate $15-million to establish Louisiana's first major need-based financial-aid program for college students.
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