Missouri Southern loses $2.2 million in higher education budget funding - the Chart

Missouri Southern’s budget took a major hit last week when newly elected Republican Gov. Eric Greitens announced significant cuts for the University in an effort to balance the state’s budget. In a move that many saw coming, Greitens slashed $2.2 million from the institution’s budget for fiscal year 2018. The budget cut comes on the heels of a separate announcement in January that Southern would lose an additional $1.7 million by June 30, 2017. “We understand and respect the governor's obligation to balance the budget, and some of those choices are very difficult,” said Missouri Southern President Alan Marble. “However, these cuts will make it hard for us to avoid tuition increases that are higher than what would have been previously required. This will also hamper our efforts to keep higher education as affordable and accessible to as many students as possible.” http://www.thechartonline.com/campus_life/missouri-southern-loses-million-in-higher-education-budget-funding/article_3f2ec48a-f4cf-11e6-9d56-bb0e94ddf11c.html