College sees decline in tuition for online, dual-credit courses - Lainie Steelman, McDonough Voice

Spoon River College trustees got a better idea of what was on the horizon for SRC's 2015 fiscal year budget, among other items, during the board's day-long, semi-annual planning retreat in Macomb Tuesday. Though trustees took no action, Vice President for Administrative Services Brett Stoller addressed the board with his projections for the budget. He said revenues for the general operating fund will be about $9 million. The total college budget will be around $19 million. Stoller said tuition revenue gleaned from online and dual-credit courses has steadily declined, meaning there will be less revenue in the general operating fund. "It's significant," he said after the meeting on the online tuition decline. "We're down almost 10, 12 percent and that's a major portion of our tuition. I think it's something that everybody is facing. It's just been the last couple years. "Before that it was a strong growth position for us. But from what I'm hearing from other community colleges it's happening in other places, too." http://www.mcdonoughvoice.com/article/20140709/NEWS/140709381/1994/NEWS