Thursday, November 6, 2014

Ballot Measures, Bonds and Colleges

Inside Higher Ed
November 5th, 2014

...In Oregon, voters rejected Measure 86, which would have allowed the state to issue bonds to support a fund that would have provided scholarships to Oregon students. The debate over the measure was less about the value of student aid than over whether it was policy to issue bonds to support student aid, as opposed to for facilities, which is more common.
Indeed, voters in one Oregon county approved facilities bonds on the same ballot. The Clackamas Community College district on Tuesday approved a plan to issue $90 million in bonds for facilities. The funds will be used both to build new facilities and to modernize equipment used in training students for some career fields....

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