Illinois legislators say an ambitious public university funding plan could impact research being done at universities that lead to life-saving treatments.
State Sen. Chapin Rose pointed out the new funding formula crafted by legislators and college officials will cause federal dollars to be taken from universities because the formula could be found in violation of the Civil Rights Act.
Back in March, when the new formula was introduced, Ralph Martire, the executive director of the Center for Tax and Budget Accountability, joined Democrats and members of the Illinois Commission on Equitable Public University Funding and said universities are underfunded by $1.4 billion. While that is a significant price for taxpayers to pay, Martire said it’ll lead to economic growth.
Governor J.B. Pritzker’s budget proposal for fiscal year 2025 increases public university spending by $24.6 million
Story from Illinois Radio Network
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