Thursday, July 5, 2012

Missouri 2013 budget hurts higher education - Cathy Lenny, St. Louis Nonpartisan Examiner

Higher education institutions in Missouri took a hit on Friday as Gov. Jay Nixon announced nearly $9 million in cuts for colleges and universities, while signing Missouri's $24 billion budget for the fiscal year that starts July 1. This is the third straight year that higher education institutions have seen their basic state aid reduced. For the second straight year, Nixon also cited expenses from last year's deadly Joplin tornado and other disasters as the need to cut other state programs. The cut to higher education amounts to 1 percent less than the roughly $850 million colleges and universities expected under the budget. But when combined with previous cuts, institutions will get 12.4 percent less - or about $120 million - than in the 2009-2010 school year.

http://www.examiner.com/article/missouri-2013-budget-hurts-higher-education