Chancellor says state needs to help with budget deficit - Post-Bulletin

Increasing costs, lower enrollment and less money from the state has put Minnesota State and its colleges and universities in an "urgent" financial bind. A plan to address that funding gap was put forward at last week's Board of Trustees meeting, the governing body that oversees the system and its administration. It includes driving enrollment, cutting costs and calling on the state to allocate more money to the system. "We need to act, and we need to act now to address our financial challenges," Minnesota State Chancellor Steven Rosenstone said in a memo to the Board of Trustees. "Business as usual means the financial challenges will only increase in intensity." http://www.postbulletin.com/news/education/chancellor-says-state-needs-to-help-with-budget-deficit/article_8d42d206-a568-57d9-a11c-739a95f01b9a.html