Seems the city is pretty concerned about the proposed shift of some $5 million in funding from SIUC to SIUE as there is a press conference at City Hall on the topic at 1 p.m. today. I can see why. Pulling $5 million directly out of the Carbondale economy would, if I remember the multiplier correctly affect an additional $35-$40 million in the region. A quick search of Google did not give me any figures as to how large the overall economy is down here but it is probably not large enough to absorb a $35 million or even a $5 million loss with no effect. I can see the justification in total number of students as the two universities approach parity in numbers, however, SIUC does issue doctorates and has a strong research tradition, which should account for something.
The City of Carbondale will hold a press conference on Wednesday, April 11 at 1 p.m. in Room 103 of the Carbondale Civic Center.
Carbondale Mayor John “Mike” Henry will be joined by regional leaders to discuss the recent funding proposal by the Southern Illinois University Board of Trustees, and the economic impact it could have on the region’s economy.
If you have questions or would like more information, contact Carbondale Public Relations Officer Amy Fox at (618) 559-1939.
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