Wednesday, February 18, 2015

University of Vermont, state colleges, feel budget crunch - Associated Press

Top officials at the University of Vermont and Vermont State Colleges asked lawmakers Tuesday for a 3 percent boost in funding, with the state colleges’ chief proposing two new taxes to pay for the increase. They may end up disappointed. Gov. Peter Shumlin has proposed no increase during the next fiscal year over the current-year budget of about $88.5 million for UVM, the colleges and the Vermont Student Assistance Corp., which provides student financial aid. Thomas Sullivan, president of the University of Vermont, talked up the nearly 13,000-student school’s impact on the educational structure and economy of Vermont. But he noted that, as it has for decades, the Burlington campus ranks near the bottom nationally in winning financial support from its state Legislature.

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