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Minnesota State colleges system confronts difficult fiscal future

Minnesota State Colleges and Universities system leaders say the institution is facing difficult financial challenges.
Alex Friedrich | MPR News 2013

Like other higher education institutions, the Minnesota State Colleges and Universities system is struggling to manage increasing costs and financial challenges.

Although enrollment has grown, it has not outpaced inflation, maintenance costs, compensation and other expenses, Chancellor Scott Olson said in a statement last week.

MPR News host Cathy Wurzer spoke with Olson about the financial challenges ahead and how system leaders plan to respond.

Listen to the full conversation by clicking the player above.