Gov. Rick Perry has issued an executive order for a comprehensive cost review of Texas' higher education system to ensure universities are spending student and taxpayer dollars as efficiently and effectively as possible.
Perry issued the order Wednesday directing the Texas Higher Education Coordinating Board to work with Texas' institutions of higher education.
The order includes a review of state funding based on student course completion, restructuring the state's financial aid programs, consolidation or elimination of low-producing academic programs, and other items.
A review of higher education cost-saving measures implemented in other states and countries is also expected.
The report will be presented to Perry, the Legislature and public institutions of higher education by Nov. 1, 2010.