OUR VIEW: OU budget deficit extends its grasp - Oklahoma Daily Editorial Board/The Daily

On Wednesday, President David Boren announced tuition increases are inevitable and the exact figure is dependent on the university’s allocation from the state. Boren said tuition increases will help balance OU’s budget. Today’s story “OU to cut retirement benefits” outline’s the administration’s plan to balance the budget and decreasing the university’s debt by cutting faculty and staff retirement benefits. Students are no longer alone in being financially responsible for OU’s deficit. The burden of OU’s budget deficit is now shared by students, faculty and staff. We understand why tuition increases are necessary, but question whether it is necessary to put faculty and staff in a situation where they must reevaluate their future savings.