The Columbia Public School district will receive about $400,000 less funding from the state next year compared to the previous year. The Missouri Department of Elementary and Secondary Education, or DESE, announced its preliminary allocation plan last week. The estimation is based on the state foundation formula. DESE’s spokesperson Sarah Potter says the state doesn’t have enough money to keep up with the foundation formula, which has been in effect for six years.
December graduates at Lincoln University are going to have to wait another five months before they can walk across the stage. Lincoln is suspending December commencement activities until further notice.
Officials of Missouri colleges and universities will gather next week for a day-long conference on issues including finances and academic quality.
The state Coordinating Board for Higher Educations is sponsoring the June 7 meeting in Columbia. It's expected to draw about 100 top administrators and members of governing boards, along with leaders of national organizations.
The latest U.S. Department of Education figures show Missouri’s average student loan default rates are lower than the national average and institutions paired with the Missouri Department of Higher Education have even lower rates.
The University of Missouri Press will close. That’s according to a press release issued today by the University of Missouri system. The UM system provides the University of Missouri Press with a $400,000 yearly subsidy, and according to the press release, the Press has been unable to operate without a deficit in recent years.