Nixon proposes $40M for colleges

Lincoln University President Carolyn Mahoney said Gov. Jay Nixon’s plan to add $40 million to his higher education budget is a good thing.

“Currently, Higher Ed is slated for a 12.5 percent budget cut,” she said Thursday afternoon, “and he has reduced that original ... cut to what I calculate to be a 7.87 percent cut.”

Nixon told reporters and editors at the Governor’s Mansion on Thursday afternoon the exta money is coming from Missouri’s part of a national settlement with five banks, which he called “the nation’s largest mortgage lenders.”

He applauded Attorney General Chris Koster’s efforts to keep Missouri involved in the settlement negotiations over the last 18 months.

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Under the governor’s budget announced last month, LU would get nearly $2.43 million less than it’s receiving in the current, 2011-12 state budget.

Comments

kentheco 1 year, 3 months ago

Why not force MU to turn over all the monies from their sports programs/corporate endorsements and add that to funding for education. Why should a coach paid by the taxpayers, also benefit from corporations for having the players wear/advertise a specific product? Also, does MU pay the Highway Patrol for the additional security/traffic control, and if not, why.

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JCLifer 1 year, 3 months ago

Missouri citizens value sports over academics. Don't you live near JC? You should know that!

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kentheco 1 year, 3 months ago

How true your statement is, confirmed by the poor speaking quality we observe with every interview of a “star” athlete!

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Daddy 1 year, 3 months ago

Giving LU 2 million is like throwing 2 million down the toilet. That school is an eyesore and the cause of a large portion of community problems. Do us a favor spend the 2 million on a wrecking ball!

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John 1 year, 3 months ago

Daddy, you're a sick puppy. Lincoln University, besides being a truly historical institution, has provided top-notch educations to many thousands of people.

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JCLifer 1 year, 3 months ago

hysterical?

I took a bunch of classes there several years ago, but the credits would not transfer to other state colleges like CMSU or UMC. CMSU said Lincoln's classes were too basic and did not meet the standards. Hope they got that fixed. I lost a lot of money and a couple of semesters of time.

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JCLifer 1 year, 3 months ago

An 8% cut in funding for higher education in our state is a "good thing" according to President Mahoney? She better spit out that KoolAide and look around at the state of our economy and the state of our workforce and education in this state.

I am kind of ashtonished right now.

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