Wednesday, March 4, 2009

Stimulus Welcome by Schools But "Not Enough"

While the Governor says he'll use federal stimulus money to restore more than $40 million in higher education cuts that he initially proposed in last month's budget address the heads of those institutions say it is not enough. The presidents, and chancellors say their institutions still face an up-hill battle, when it comes to financing. Before a state house committee yesterday, Lincoln University President Ivory Nelson said, “We can appreciate the stimulus package that will help us, but we are not out of the woods by no stretch of the imagination.” At the same meeting Penn State president Graham Spanier said, “We are seeing a short-term infusion of funds. But we still have to deal with the long-term funding issues after the stimulus money is gone. “ Spanier warned Penn State's tuition will still go up between four and a half and five percent next year, if budget appropriations remain level. He told the committee there's no way to avoid that, in the current economic climate.

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