Chicago State University on Thursday declared that it was in a state of financial exigency due to the state failing to adopt a budget and provide funds, The Chicago Tribune reported. All public colleges and universities in the state have been voicing concerns about the impact of the state's inaction, but Chicago State has been warning that it may run out of money by next month. A state of financial exigency, under guidelines of the American Association of University Professors, means that a college's financial condition is so dire as to justify speedier elimination of faculty jobs, including tenured faculty jobs.
Opinions on Inside Higher Ed
Inside Higher Ed’s Blog U
Topics
College Pages
Featured college pages
Popular Right Now
On the heels of the George Floyd killing, colleges have a moral imperative to not work with local po
What’s needed to make a campus safe now is at odds with the iconic college experience people crave (
Higher ed leaders address protests, racial tensions and the killing of George Floyd
Colleges counter looming enrollment declines with tuition bargains
Federal guidance, formula made disbursing emergency student aid difficult for community colleges
Live Updates: Latest News on Coronavirus and Higher Education
College Leaders Respond to Death of George Floyd
ACT replaces leader; College Board accused of irregular registrations for SAT
Trump administration reportedly considers restrictions on foreign student work program
Expand commentsHide comments — Join the conversation!