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.
University of Missouri Chancellor Brady Deaton spoke to the University of Missouri-Columbia Faculty Council Thursday before its regularly scheduled meeting. This was the council's first meeting since the University system's Board of Curators approved tuition increases that leave the system with a $47.1 million budget gap.
Luis Jimenez, CEO of EternoGen, is one of the winners of the UM System's Enterprise Investment Program. Jimenez and Mark Lee, president CEO of CLB Horizons, were selected today, Thursday, Feb. 23, 2012.
Today the University of Missouri System announced the recipients of a $600,000 investment in two university research teams. The money will be use to further commercialize and expand lab research, which could translate into economic growth in Missouri.
The University of Missouri's in-state undergraduates received a good news today. The UM Board of Curators voted to hold tuition increases to three percent starting this fall. In past weeks there was discussion of raising tuition by two or three times that much. However, the proposed tuition increase will leave MU with a forty-seven million dollar budget gap.