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Robert Budike


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Source: The Daily Herald
21 May 2015 06:23 AM

USM in dire financial straits, suggests education surcharge

~ Govt to raise subsidy in 2016 ~

PHILIPSBURG--University of St. Martin (USM) outlined its dire financial situation on Wednesday, showing that the institution has been operating at an average deficit of some US $159,000 per annum over the past five years.

USM Manager of Finances and Operations Robert Budike painted the grim picture during a meeting of Parliament’s Permanent Committee on Education and Youth.

Budike suggested that an education surcharge similar to the St Read more


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