SPRINGFIELD — When Illinois’ top public universities say they will gladly pay more of the pension costs for their employees, what they really is mean is that students are going to pay millions of dollars more in tuition and fees.
University of Illinois President James Easter and Southern Illinois University President Glenn Poshard told state lawmakers Thursday their schools would rather assume part of the pension costs than lose more state and federal funding.
“We’re willing to do whatever it takes,” Poshard told lawmakers. “This issue is the single greatest issue threatening our people over the long haul.”
Notice he said “our people”, not “our students.”
Poshard, and the U of I’s Easter, have made it clear — the universities will charge students for any new pension costs the schools inherit from the state.
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