MinnPost is a nonprofit online newspaper in Minneapolis that covers Minnesota news, founded in 2007. Minnesota State crisis prompts stopgap fund shift; Minnesota State considers reallocating millions from its colleges to support two financially unstable universities.
The Minnesota State Colleges System has moved to reallocate up to $25 million annually for four years to financially strained institutions, with two-year colleges bearing the majority of the burden. St. Cloud State University and Bemidji State University would receive about $15 million combined to weather cash‑reserve shortfalls and program cuts while the system debates campuses’ futures.