U of Ill. President: Faculty Raises are Possible
University of Illinois President Michael Hogan says faculty could receive their first pay raise in three years this summer if current state budget proposals become reality.
Hogan told The News-Gazette newspaper in Champaign on Monday that faculty on campuses in Urbana-Champaign, Springfield and Chicago could see raises of less than 4 percent.
That figure is based on current funding proposals that would see the university's state appropriation either remain flat as Gov. Pat Quinn has proposed or be cut by up to 3 percent. The Illinois House and Senate have proposed cuts of 1.1 to 3 percent for the state's public universities.
Hogan said he's concerned by the exit of some key faculty members over the past few years.