Written by Rob Lillpopp on August 2, 2010 – 5:57 am
Nick Reisman writes on pressconnects.com - “Gov. David Paterson on Friday rejected the Legislature’s compromise proposal on a plan that would grant new powers to New York’s public colleges.
Paterson spokesman Morgan Hook said in a statement that “more needs to be done and more details need to provided” before the governor can sign off on the plan, known as the Higher Education Empowerment and Innovation Act.
The program has become the centerpiece battle in finally completing the 2010-11 state budget, which was due on April 1, the start of the fiscal year.
The Legislature has been wary to sign off the college proposal, which would allow individual colleges to set their own tuition rates, undertake economic-development projects and borrow money. The power to raise tuition currently rests with the state Legislature.”
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