Out-of-state students are becoming increasingly important to universities in Missouri and Kansas, which are trying to make up for cuts in higher education funding.
Governor Jay Nixon’s withholdings announced Friday are expected to be felt by Missouri’s higher-education institutions. Nixon announced the removal of $9 million from the budgets of Missouri’s public colleges and universities, effective July 1st. It’s part of $15 million withheld from a budget Nixon says is $50 million out of balance.
In a brief press release Tuesday, the Lincoln University Board of Curators announced that Dr. Carolyn R. Mahoney intends to retire from her position as President of the University on August 15th.
The press release says a search committee for her replacement will be appointed immediately.
According to the University's website, Mahoney has been President since February 2005. She's also a current Commissioner on the Midwestern Higher Education Compact.