Texas Senate holds hearing on higher ed budget
AUSTIN (AP) - Texas universities warn that pending budget cuts will make it hard for them to compete for top students, professors and researchers.
The state Senate Finance Committee is scheduled to take testimony on Wednesday from most leaders of the University of Texas System. Early budget drafts would slash more than $700 million to Texas colleges and universities.
Cuts to tuition grant programs could impact tens of thousands of students.
Texas faces a budget shortfall of at least $15 billion.
Not testifying will be William Powers Jr., president of the 50,000-student flagship University of Texas campus in Austin.
He was hospitalized Tuesday for a blockage of an artery leading to his lungs. School officials say he's in stable condition and will remain in the hospital for a few days.
(Copyright 2011 by The Associated Press. All Rights Reserved.)