SPRINGFIELD - Taxpayer-supported universities in Illinois are suffering, and none more than Southern Illinois University, its President Glenn Poshard told members of the House Higher Education Appropriations Committee Thursday morning.
The state owes SIU $149 million, and within three months of Fiscal Year 2013's end, 89% of the promised appropriations have not been sent to the school.
"We've cut 500 positions, and now Moody's downgrades our credit rating because of the state's finances," Poshard told the committee, Illinois Channel reports.
Poshard said Illinois has a prosperity gap that is leading to an achievement gap. "There are two Illinois, split along economic levels," he said. (Photo by Illinois Channel)