State Senator Joe Bolkcom makes the case against a deal to lease the University of Iowa utility system for 50 years. The Iowa Board of Regents are scheduled to vote on the plan on December 10, but important details have been kept from the public. -promoted by Laura Belin
Governor Kim Reynolds’ support of an exotic and risky funding scheme is an admission of her failure to support our public universities. GOP tax cuts for wealthy Iowans have led to a dramatic decline in support for our public universities.
It’s hard to believe that Governor Reynolds and legislative Republicans think it makes sense to borrow more than $1 billion dollars to pay for on-going programs at the University of Iowa over the next 50 years.