Ayers Settlement Falls Short of Funding

by JACK ELLIOTT JR., Associated Press , October 27, 2009

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Dr. Hank Bounds, the Mississippi Higher Education Commissioner, has acknowledged shortcomings in the effort to fund a private endowment for higher education desegregation measures to be pursued by the state’s historically Black institutions, but has not offered a solution.

Burton said legislative leaders have worked hard to keep the Ayers settlement dollars flowing regardless of economic conditions, which have prompted Gov. Haley Barbour to slash millions from the state budget.

"We've managed to stay pretty up to date, considering the budget shape we've been in since the settlement. That's laudable," he said.

Alcorn, Jackson State and Mississippi Valley will share $503 million. Besides the endowments, they will get $246 million for academic programs and $75 million for facilities.

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