CHICAGO – In an effort to reduce administrative costs and help hold the line on college tuition growth, State Senator Bill Cunningham (D-18) has proposed a series of reforms in how higher education executives in Illinois are compensated. These reforms were sparked by a report revealing inappropriate practices, including the recent scandals at the College of DuPage.
“Institutions of higher learning in our state have been plagued by recent controversies involving mismanagement or misconduct by college presidents, which cost taxpayers and tuition-payers millions of dollars in legal fees and severance payouts," Cunningham said. "We need to reform our laws to ensure more transparency and accountability in the administration of our public colleges and universities."
Legislation proposed by the senator would create more transparency in the hiring and contracting process for executives by requiring the terms of contracts to be publicly disclosed before being approved. Legislation also would make it so that perks that are often given to university presidents, such as car and housing allowances, could not count as pensionable income.
“Illinois has several excellent institutions of higher learning," Cunningham said. "It's disappointing that we need to focus on these negative issues. But it is necessary that we learn from past transgressions and reform our laws to ensure that Illinois colleges and universities are above board in all of their financial practices.”
Cunningham’s reform package, senate bills 2155-2159 are currently in the State Senate Subcommittee on Higher Education Executive Compensation, which is chaired by Senator Cunningham.