Eastern Illinois University: will have trouble making July, August payroll

Capitol Fax reports:

A letter written by Eastern Illinois University President David Glassman to the four legislative leaders and the governor dated May 2nd warned them that university administrators will “find ourselves challenged to make payroll for the second half of July and the first half of August” if it doesn’t get its full Fiscal Year 2016 appropriation very soon.

The university has already laid off 400 employees. The stopgap approp passed last month just won’t be enough to keep the doors open, Glassman said. “Our gap has not been filled,” he warned.

The higher education bubble in action.