Chicago State University Faces Closure Over Budget Impasse - Paris Schutz, WTTW

It has already cut its school year short and now Chicago State University is warning of hundreds of layoffs. The university's chancellor says the school is in shock because the state budget stalemate has starved it of funding. But is the 150-year old-school in danger of closing? The school will not close its doors, according to CSU President Thomas Calhoun. This comes despite the directive Tuesday that all employees turn in their keys in anticipation of layoffs to come next month. Calhoun says absent a state budget agreement on some funding, layoffs will number in the hundreds – out of 900 total employees – because the school will not be able to meet payroll come April. But the summer semester will still go on and the school will be funded solely by summer tuition. That amounts to about one-third of the money they usually have because the state of Illinois is holding up $36 million of the school’s $100 million total operating budget. http://chicagotonight.wttw.com/2016/03/30/chicago-state-university-faces-closure-over-budget-impasse