July 16, 2010
Lawmakers in New York and Illinois Leave Higher Education in Limbo
Fiscal conditions are bad for public colleges nearly everywhere, but lawmakers in Illinois and New York have put state universities in particularly difficult spots in recent weeks.
In Illinois, as many as six of the state's nine public universities are considering borrowing money just to cover a portion of the $464-million in appropriations left unpaid at the end of the 2010 fiscal year. Though the state promises to repay that amount by the end of the calendar year, the institutions