Bigger education cuts surprise Nevada lawmakers - SANDRA CHEREB, Business Week

Nevada university and college administrators have said 10 percent cuts totaling $147 million likely would mean higher tuition and closure of some programs or entire campuses. The added 1.75 percent reduction would mean another $9.5 million. A decade-old scholarship program established with tobacco settlement money in 1999 that has helped tens of thousands of students attend state universities and community college also is in jeopardy. Gibbons proposed "sweeping" $5 million from the Millennium Scholarship fund, along with $7.6 million from unclaimed property that would otherwise go to the scholarship program. It's one of about 50 reserve accounts the administration wants to funnel into the general fund coffers.