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Wednesday, November 25, 2009

College chiefs told not to look for bailouts


College chiefs told not to look for bailouts:

"When projected state budget cuts hit in the next couple of years, public university and college presidents can blame the economy when they are forced to close programs or reduce staff.

But they should not depend on the federal government for stopgap money to maintain business as usual, U.S. Education Secretary Arne Duncan said Tuesday. Instead, they should find creative ways to boost quality and graduation rates in the face of tough economic times.

“We are trying to ... pump unprecedented resources into education at every level. But at the end of the day, if folks think they are going to be able to avoid making hard decisions, I think that is unrealistic,” said Duncan, who spoke to college presidents gathered at the Grand Hyatt San Antonio for a conference of the American Association of State Colleges and Universities, a group of 430 public institutions."