U of I Preparing for Budget Crisis - Michon Lindstrom, WAND-TV

The University of Illinois is preparing for the worst after Illinois Lawmakers failed to make a budget before adjourning, for the second straight year. University of Illinois President Tim Killeen released a statement addressing university staff and students that said while the university is not in danger of shutting down, the crisis is growing worse. " All options are on the table as we go forward – layoffs, reductions of academic programs, closure of units and cuts in a health-care enterprise that provides critical care to underserved populations in Chicago. All would damage the very core of our mission to serve students and the public good, and erode a rich, 150-year legacy of academic excellence and economic impact that would be far more costly to rebuild than sustain." the statement read. http://www.wandtv.com/story/32118990/u-of-i-preparing-for-budget-crisis