Steering through the storm - Austin Cumblad, Minnesota Daily

President Bob Bruininks said this is not a time for the University to retreat from its mission to become one of the top three public research institutions in the world. Set to embark on what will be the most difficult year of his presidency, Bob Bruininks released the annual State of the University address on Monday, laying out his plan to navigate a stormy future. The University of Minnesota faces a budget shortfall of $132.2 million for the upcoming fiscal year and bleak projections for the foreseeable future. Left unchecked, the University’s annual deficit will exceed $1 billion by 2025.