MnSCU

The new chancellor of the Minnesota State Colleges and Universities system is promising to redesign the 31-campus institution. Chancellor Steven Rosenstone tells the MnSCU trustees on Tuesday that the greatest risk to the system is business as usual.

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A new chancellor of the Minnesota State Colleges and Universities begins work Monday. Although Steven Rosenstone officially starts his job, he's already logged more than 4,000 miles visiting 24 colleges and universities.

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The trustees of the Minnesota State Colleges and Universities system have approved a budget that raises tuition, cuts programs and eliminates positions. The budget approved Wednesday would raise tuition an average of nearly 4 percent on students in the system's 25 state colleges. Students at the system's seven universities will see their tuition go up an average of nearly 5 percent more than this year.

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The Minnesota State Colleges and Universities system is rescinding layoff notices for about 6,000 employees because officials are now sure MnSCU will operate in a government shutdown.

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The Minnesota State Colleges and University system has reached an agreement to stay open during a possible government shutdown that could start July 1 -- including St. Cloud State University and the St. Cloud Community and Technical College.

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Hundreds of layoff notices are being sent out this week to employees at St. Cloud's two MnSCU schools. The layoff notices are in preparation of a possible state government shutdown at the end of this month.

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The Minnesota State Colleges and Universities system will send layoff notices to 6,000 employees Friday if it can't work out a deal to get access to its money in a state government shutdown.

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The Minnesota State Colleges and Universities system has reached a deal with the system's next president that will pay a base salary of $360,000 plus up $50,000 a year in performance bonuses.

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Minnesota farmers made more money last year, compared to the year before. The median net farm income was nearly $120,000 among about 2,500 Minnesota farms in 2010 -- that's up from just over $33,000 the year before when net incomes were depressed by low profits in the livestock industry.

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The Minnesota State Colleges and Universities board meets Tuesday to hear a report on the finances of the 43 charitable foundations related to the system. The report says expenses among the foundations during the last fiscal year were up from the year before while the money sent to the system was down.

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