U OF O PREZ: “GIMME A BILLION”

The new University of Oregon president wants the legislature to let him issue a billion dollars worth of bonds.  He says the bond issue would be the first of its kind in the nation.  It would be designed to assure that the U of O is well-funded even if  Oregonians go through another recession and have to cut back.  Richard Lariviere’s plan didn’t sit well with lawmakers–even Liberal ones.  House Speaker Dave Hunt compared the idea to giving his kids a 30-year advance on their allowance.

This entry was posted on Wednesday, May 12th, 2010 at 3:06 pm and is filed under Latest News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.