Budget Cuts Place Financial Burden On Public Universities

A 10-month budget impasse in Illinois has put funding for the state's public universities and community colleges in jeopardy. Public higher education has traditionally received much of its funds from state and federal governments, but with budget cuts and shifts in funding priorities, many schools have looked for additional sources of revenue. Derek Thompson, a senior editor at The Atlantic, talks with Here & Now's Jeremy Hobson about how these schools are faring.