A Senate committee last week passed a major update to the law governing the nation's higher-education institutions, providing funding for--and putting the onus on--colleges and universities to better prepare students for success in the global economy.

Among its many provisions, the bill would allow online institutions to qualify for federal aid; provides grants to help schools design curricula to address high-need, high-skill vocations, such as information technology (IT); offers scholarships to students who pursue careers in math or science; and calls for technology to be a greater component of teacher-education programs.


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