Presentation 2 - Asher Feiger: Slide: 2, 3 Slide 2: This...

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Asher Feiger: Slide: 2, 3 Slide 2: This report suggests a new strategy to help the financial health of the State of Illinois repay its debts and bills with the minimum effect on the educational system. Illinois’ financial situation is among the worst in the nation. The State is several months behind in paying its bills and currently owes the University of Illinois system approximately half Billion Dollars. Due to lacking of plan to fix the problem, the University of Illinois is affected greatly, which causes a huge impact on the education system. Slide 3: The effects include increases in class size, tuition hike of 20% along with additional furloughs, faculty and staff cuts, and reductions in programs. This, in turn, will cause more students to drop out which contributes to the high unemployment rate and the crime rate of Illinois. It also hurts the reputation of the University of Illinois. Through studying and analyzing the problems stated above, the conclusion and recommendations offer a helpful strategy for the students at the University of Illinois on how to ensure that the financial crisis of both the State and University do not effect them. Trung Vo: Slide 4
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This note was uploaded on 12/01/2010 for the course BUSINESS 16515 taught by Professor Antonycorte during the Spring '09 term at UChicago.

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Presentation 2 - Asher Feiger: Slide: 2, 3 Slide 2: This...

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