Monday, June 8, 2015

Oklahoma's higher education institutions to take 3.5 percent funding cut - Randy Ellis, News OK

Oklahoma’s public colleges and universities will receive a 3.5 percent cut to their base funding under a $963.4 million revenue allocation plan approved by the Oklahoma State Regents for Higher Education. Oklahoma’s Chancellor for Higher Education Glen Johnson speaks Wednesday during a joint hearing of the Oklahoma House committees on public safety and higher education. The plan is contingent on Gov. Mary Fallin signing the state’s $7.1 billion general appropriations bill. Chancellor Glen D. Johnson said it’s too early to speculate on whether colleges and universities will seek tuition increases to help offset the drop in revenue. College and university presidents have met with student groups and are working on their recommendations, Johnson said.

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