Could all higher education funding flow through Regents?

Through the years, there have been periodic efforts to merge the state's various boards of higher education. Because each has powerful political allies, however, it has never been possible to build consensus around any particular model for merger.

As Times Picayune reporter Jan Moller writes here, there may be an end-around in the works. In reference to the governor's budget plan, Moller writes

Jindal said this year's budget will propose that all higher education spending
flow through the state Board of Regents, which then would distribute it to the
different schools using a new formula that would put increased emphasis on
performance and less on enrollment.

If that plan passes, the issue of board governance may be close to moot.