A Missouri senator blocked a vote on a bill that would base some state funding for Missouri public universities on performance standards and career placement.
Republican Sen. Kurt Schaefer, of Columbia, blocked the Senate vote Thursday. He says the Legislature should spend more time studying the effects of the proposed higher education funding formula before voting. Lawmakers have until fiscal year 2015 to put the formula in place.
A Missouri legislative committee is creating a new funding model for the state's public colleges and universities.
The Joint Committee on Education plans to release a detailed draft Monday at the state Capitol. The panel will accept public comment on the proposal until Feb. 11.
A recently approved state law requires development of a higher education funding formula similar to the one used for public school districts. Missouri now bases funding for colleges and universities largely on how much they've received in past years and how much money is available.