Institution presidents tell Education Committee they need additional funds
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Institution presidents tell Education Committee they need additional funds

Date: January 29, 2014
By: Steven Anthony
State Capitol Bureau

Truman State University president says the state is not focusing enough on the middle class when it comes to college affordability.
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Wrap: Dr. Troy Paino testified before lawmakers and asked for more funding.

Paino raised the issue that many have called the crisis of this generation 

He said the student loan debt and default crisis affects one group of people the most.

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Description: Sometimes, we lose sight of the middle class and we worry, and I worry personally about their ability to have access to higher education, to high quality education.

Paino said student loan debt has passed the one trillion dollar mark and has surpassed the amount of credit card debt in the United States.

Reporting from the state Capitol, I'm Steven Anthony.  

College and university presidents warn lawmakers about the need for more higher education funding.
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Wrap: The presidents answered questions from the committee and gave updates about what they are doing financially at their schools.

All of the presidents emphasized the state should increase funding and most praised Governor Nixon's budget that does just that.

Interim president for finance and treasurer Tom Richards represented the MU System and he painted a not-so-rosy picture.

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Description: We need to figure out how to spend less money on things that are a lower priority and take those dollars and invest it into areas that are much higher priority.

Nixon proposed an $80 million increase for higher education in next year's budget.

Reporting from the state Capitol, I'm Steven Anthony.

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