Updated at 8:13 p.m.
The Board of Regents for Higher Education adopted tuition increases that will eliminate more than half the $35-million budget deficit the state’s largest public college system is facing in the next fiscal year. The board also adopted the framework of a plan to dramatically consolidate the administrative and operational structures of many of the system’s colleges. Continue Reading →
The Board of Regents for Higher Education will be asked Thursday to endorse a framework for saving at least $41 million annually through the administrative and operational consolidations of institutions that have remained autonomous since the merger in 2011 of the state’s 12 community colleges, four regional state universities and the online college, Charter Oak. The system’s president, Mark Ojakian, said the present structure no longer is viable. Continue Reading →
“This is a very challenging budget that we are looking at,” said Mark Ojakian, the president of the Connecticut State Colleges & Universities system. “Times of crisis are a time of opportunity. We are going to have to do business differently. We are not going to be able to sustain even this level of funding in the future. It’s going to be tough.” Continue Reading →
At many of the state’s public colleges – which collectively enroll 150,000 students – tuition could rise, course offerings would shrink, class sizes would increase, library hours would be cut and some degrees would no longer be offered, the state’s higher education leaders testified Wednesday. Continue Reading →
The career public employee with a reputation for lowering the temperature in heated situations hopes that quality will help him resolve the underlying fiscal, labor and educational issues that plagued his predecessors. Continue Reading →
Gregory Gray, the embattled president of the state’s largest public college system, notified his board Friday in a one-sentence resignation letter that he will step down on Dec. 31. Continue Reading →
WASHINGTON – President Obama is expected to roll out an ambitious agenda in his State of the Union speech that could increase the distance between the White House and Republicans in Congress. Connecticut’s lawmakers, however, will use the occasion to show support for that agenda – and promote their own. Continue Reading →
Governor Dannel P. Malloy faces plenty of critics who argue he can’t balance the next state budget without breaking his campaign pledge not to raise taxes. But Malloy will be equally hard pressed to close next year’s $1.3 billion-to-$1.4 billion deficit with spending cuts, given the many pledges and fiscal principles he has espoused since taking office four years ago.
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Gov. Dannel P. Malloy ordered nearly $48 million in emergency budget cuts Thursday, imposing the deepest cuts on social services, education and culture and tourism promotion. The cuts, which do not require legislative approval, whittle the nearly $100 million deficit Malloy projected last week down to $45 million. Continue Reading →
Gov. Dannel P. Malloy’s budget director acknowledged Monday there’s little likelihood all of the tax relief promised on the campaign trail can be provided in the next state budget, which faces a major deficit projection. And while the governor promised new tax relief for college graduates struggling with student loan debt, budget director Benjamin Barnes said Connecticut’s public colleges and universities probably won’t be spared emergency budget cuts due out this week. Continue Reading →
Connecticut’s largest public college system needs an 11 percent increase in its base-level state funding next year– just to limit an anticipated tuition-and-fee hike to 2 percent, according to an administration proposal. Continue Reading →
Senate President Pro Tem Donald E. Williams Jr. will be interviewed this weekend to become the next president of Quinebaug Valley Community College. Continue Reading →
While the governor spent a good part of his speech Thursday discussing his higher education initiatives, details of his $60 million plan don’t appear in the college and universities’ spending plans. This is because Malloy is using a budget loophole to get around the state’s constitutional spending limits. Continue Reading →