Just days after warning that the state’s retirement costs might take money from local schools in the future, Gov. Pat Quinn said that state university budgets could be cut back further if lawmakers don’t agree on how to reduce the state’s $83 billion pension debt. Quinn’s statements come as a coalition of teacher and state employee unions was preparing to release a pensions cost-savings plan. Quinn said as the state’s costs for state employee, teacher and university worker pensions continue to rise, less money would be available for state universities. Less state money often means tuition hikes.
http://www.dailyherald.com/article/20120813/news/708139779/
