State Senator Ed Maloney (D-Chicago) has been selected to serve as Treasurer for the Midwest Higher Education Compact, a group advancing higher education in Illinois and 11 other Midwestern states. Senator Maloney chairs the Senate’s Higher Education Committee, and is a former school administrator and teacher.

Senator Maloney has previously served as a State Commissioner with MHEC. As Treasurer, he will be responsible for monitoring the administration of all fiscal policies and procedures, overseeing annual audits, budgeting, bonding, and other financial-related reports.

“MHEC encourages greater access to and results in our higher education systems,” Maloney said. “Their policy research and analysis for Midwestern states was a resource for our new state law establishing performance-based funding for higher education institutions, legislation I sponsored in 2011. As the Senate’s Higher Ed chairman I am pleased to remain involved with MHEC to stay informed on emerging trends.”

Each MHEC member state is represented by five people on its 60-member governing body made up of legislators, higher education leaders, and governors’ representatives. The commission meets annually at a site rotated among the member states.

MHEC was founded in 1991, and serves Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin.