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:
“What people don’t realize is that intimacy has its conventions as well as ordinary social intercourse. There are three cardinal rules—don’t take somebody else’s boyfriend unless you’ve been specifically invited to do so, don’t take a drink without being asked, and keep a scrupulous accounting in financial matters.”
—W.H. (Wystan Hugh)
“In crisis is cleverness born.”
—Chinese proverb.