Friday, May 15, 2015

Oregon university presidents, buoyed by revenue forecast, ask state to restore higher-ed budgets

May 15th, 2015

The presidents of Oregon's seven public universities urged Gov. Kate Brown and the Legislature Thursday to devote some of an increased amount of money in May's state revenue forecast to post-secondary education.
The presidents were reacting to a statement from Brown, who said that this year's relatively strong economic growth would allow the state to spend an additional $100 million during the 2015-2017 budget cycle on "our public schools, as well as fund early childhood, career-technical and STEM programs that support student success and reduce the opportunity gap."
Beyond that $100 million, the quarterly forecast released Thursday morning contained about $350 million more revenues than predicted in the state's March forecast, said Hans Bernard, University of Oregon associate vice president for state and community affairs.

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