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College officials in Illinois breathed a sigh of relief on Thursday as a historic state-budget standoff came to a dramatic end. By a margin of three votes, the Democrat-controlled House of Representatives successfully overrode Gov. Bruce V. Rauner’s veto of a spending bill for the 2018 fiscal year, giving Illinois its first budget in more than two years.

What remains to be seen is the long-term damage colleges might face, in terms of institutional problems and reputational harm.

Read more at The Chronicle of Higher Education: https://www.chronicle.com/article/As-Illinois-Budget-Impasse/240553

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