Chicago State Declares Financial Emergency, Eyes Job Cuts - Higher Education
Higher Education News and Jobs

Chicago State Declares Financial Emergency, Eyes Job Cuts

by Associated Press

CHICAGO ― Chicago State University trustees have declared a financial emergency at the troubled school that could make it easier to lay off employees.

According to the Chicago Tribune, trustees at the predominantly Black university on Thursday declared a type of emergency that in the academic world means the school faces an imminent threat to its survival that could require measures such as cutting faculty jobs.

The board also created a committee to decide on actions that could include layoffs and pay cuts.

Chicago State officials say the school will run out of money in March.

Public universities in Illinois have not received state funding since last summer because of the budget stalemate between Republican Gov. Bruce Rauner and the Democrats who control the General Assembly.

RELATED ARTICLES >>
Running for Maryland Governor, Ben Jealous Puts Focus on Education Maryland gubernatorial candidate Ben Jealous on the stump. BALTIMORE — On a recent Saturday, Benjamin Todd Jealous was up early, getting ready for a full day of campaign stops. The former president of the National Association for the Advancement ...
Report: New Mexico Public College Enrollment Dropping Fast SANTA FE, N.M. - A recent decline in enrollment at New Mexico public colleges outpaced nearly every state in the nation. An association of state higher education agencies says enrollment dropped by nearly 5 percent at New Mexico public colleges fo...
Howard Faculty ‘No Confidence’ Voting Ends Friday During a three-day balloting period that began Wednesday and ends Friday, Howard University’s full-time faculty will decide whether or not embattled university President Dr. Wayne A.I. Frederick and other top leaders at the school get a “no confidenc...
State of the Union Address Omitted Key Concerns in Education, Experts Note President Donald Trump President Donald J. Trump delivered his first State of the Union address since taking office, calling the current era “our new American moment.” But he missed an opportunity for substantive conversation on the growing conce...
Semantic Tags: