Saturday, February 14, 2009

Stimulus package could fend off higher education cuts

With the passage of a $787 billion economic stimulus package, the U.S. Congress approved some $3.8 billion for Louisiana, some of which could be used to offset anticipated cuts to higher education.

As reported here by The Advocate's bureau chief in Washington, Gerard Shields, Louisiana will receive $587 million in fiscal stabilization funds, money that could be spent on higher education and could plug the $300 million-plus budget hole that some have predicted for colleges and universities.

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