Thursday, December 18, 2014

SIU preparing for budget cuts - Holden Kurwicki, WPSD

The Illinois Board of Higher Education recently asked SIU to prepare for as large as 20% cut in state support to their budget, or about $40 million. "Depending on where the state budget comes in we might have to look at tuition and fees to help replace some of that lost revenue as we go into fiscal year 2016," said SIU President Dunn. Outside of hoping for increased enrollment, the only other option would be to cut staff and service, in a worst case scenario. "It would have a terrible effect on the local economy, the regional economy in fact. We're going to look at other areas as much as possible to get savings. That doesn't mean that we might not have some layoffs that have to take place," said Dunn. http://www.wpsdlocal6.com/story/27561919/local-university-preparing-for-budget-cuts