2012 Financial Crisis
In February 2012, The Daily Illini enlisted the help of UIUC alumni and film critic Roger Ebert to raise funds for the newspaper. The Daily Illini owes a nearly $250,000 loan on their building. The paper has struggled in recent years due to it being a free newspaper. It also prints as a 12-page broadsheet which is very costly.
Read more about this topic: Daily Illini
Famous quotes containing the words financial and/or crisis:
“For the merchant, even honesty is a financial speculation.”
—Charles Baudelaire (18211867)
“Most observers of the French Revolution, especially the clever and noble ones, have explained it as a life-threatening and contagious illness. They have remained standing with the symptoms and have interpreted these in manifold and contrary ways. Some have regarded it as a merely local ill. The most ingenious opponents have pressed for castration. They well noticed that this alleged illness is nothing other than the crisis of beginning puberty.”
—Novalis [Friedrich Von Hardenberg] (17721801)