Colleges, lawmakers: How will $1.3B in upkeep fit into merit funding?

Gov. Nikki Haley says she wants to see colleges run like businesses, using a model called Accountability-based funding (ABF) to award state money for meeting certain criteria, including graduation rates, use of funds, in-state students, etc. But colleges, some of them the site of older or historic buildings, are asking for money for their infrastructure and repairs [...]