Today @ Colorado State has been replaced by SOURCE. This site exists as an archive of Today @ Colorado State stories between January 1, 2009 and September 8, 2014.

Higher Ed in the News

Colo. higher ed runs risk of losing federal stimulus money

April 3, 2009

A $300 million cut proposed Wednesday by the Joint Budget Committee would cut the state's higher education budget next year by more than half, and result in Colorado losing up to $105 million in federal stimulus money because the feds are requiring states to maintain funding levels from the 2005-2006 school year.

Higher education officials vowed Thursday that they would apply for a waiver to get the stimulus money if their funding dropped too far.

Wednesday's proposed cuts are part of a last-minute effort lawmakers to pit higher education against Pinnacol Assurance, a quasi-public agency that guarantees workers' compensation insurance.

----------------------------------------

Read more in the Denver Post.