Friday, July 7, 2017

Illinois Gets a Budget After 2-Year Impasse - Rick Seltzer, Inside Higher Ed

The Illinois House of Representatives voted Thursday to override a gubernatorial veto of a package of budget bills, ending a 736-day standoff that had left the state's higher education institutions slashing expenses and scrambling to compensate for uncertain funding streams. Under a package of bills including increased taxes and some spending cuts, higher education funding is being cut 10 percent below levels from 2015, the last year the state had a budget. But leaders at many of the state's public institutions still issued statements supporting the spending plan because it provides clarity after years of uncertainty. The budget also provides funding for the state's student aid program known as the Monetary Award Program.

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