FOR IMMEDIATE RELEASE FOR MORE INFORMATION:
March 31, 2009 Peggy Binette or Margaret Lamb
Phone: 803-777-5400; E-mail: email@example.com
University of South Carolina president: Losing stimulus funds will be “catastrophic”
South Carolina appears to be headed for a showdown this week as legislative leaders scramble to find a way to accept stimulus dollars rejected by the governor.
As the April 3 deadline for accepting $700 million in stimulus funds approaches, leaders are becoming increasingly concerned about the impact that losing the money will have on the state.
University of South Carolina President Harris Pastides, who has seen $55 million in state funds evaporate since last June, told a state Senate committee recently that stimulus funds are a lifeline that, if pulled away, will be catastrophic for the university and South Carolina, which has the second-highest jobless rate in the country.
A former vice president for research and health sciences at the University of South Carolina, Pastides said the university has suffered the most severe cuts of any public university in the United States. Moreover, he says South Carolina can ill afford to cut education further in a state where only fewer than one-quarter of college-adults over 25 have a college degree.
Pastides says the issue transcends politics. Instead, he is passionate and reasoned on the topic of why South Carolina needs stimulus dollars. He is experienced in talking with national media and is available to talk with reporters covering the stimulus funding story or stories on higher education and budget cuts.
Margaret "Peggy" Ryan Binette
Office of Media Relations
University of South Carolina
Office -- 803-777-5400
Fax -- 803-777-3071
Web -- http://uscnews.sc.edu
E-mail -- Peggy@mailbox.sc.edu (note: new address as of 7/2/08)