It costs money for students to stay in school. It is better to borrow the money to finish sooner. The legislature does not as assumed control the tuition. They delegate to the regents, they retain themselves and controlled by campus delegated among departments. He suggests one focal point for all to submit their views.
All states disburse their authority to their board of regents.
This will improve grad rate to that of peers. Reduce average total costs for a degree. Faulkner comments it is caused by UT culture, course availability, council, economic vitality of Austin, etc. Numbers of grad admissions have dropped. We have the largest grad population in America.