Friday, November 6, 2009

Faculty jobs at risk as university balances budget - Liana Bayne, Collegiate Times

As the economy continues to gasp for air, state funding for higher education continues to sink.
Virginia Tech is facing a new reduction of over $26.4 million in state funding this semester, sending the total reductions since October 2007 over $68.5 million. This decrease in funding, taken from the university’s general fund, will force Tech to find ways to significantly decrease its expenditures.