Home » NEWS » Education » Bounds: Universities face funding shortfalls

Bounds: Universities face funding shortfalls

AROUND MISSISSIPPI — A higher education leader says declining state revenues and the loss of one-time federal money will mean fewer dollars for Mississippi universities.

Hank Bounds, Mississippi’s higher education commission, told The Sun Herald the eight public universities have taken cuts in the past three years but had federal aid to make up for it.

Bounds says money earmarked for certain areas likely will be reduced, as well as research dollars. Mississippi gets an average of $500 million each year for research. He also says federal Pell grants are in jeopardy.

Bounds says higher education officials need to work with those in elementary and secondary schools to make sure students get a good foundation and are able to go on to college and succeed.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*