States should hold their public colleges and universities more accountable for their performance, Bill Gates, the former Microsoft chairman, said in a speech at the National Governors Association’s winter meeting here on Monday afternoon.
The billionaire software tycoon, who has taken an active interest in reforming public education since retiring in 2008 to focus on philanthropic work, said states should consider basing their support for public colleges and universities on performance measures—including graduation rates for students and income and employment rates for recent graduates.
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