UNC hopes to maintain faculty retention - Lyle Kendrick, The Daily Tar Heel

As the University braces for budget cuts to the UNC system, officials are anticipating the departure of some faculty for more lucrative employment options. While UNC is not the only university facing budget pressures, University officials say many private institutions are not dealing with the same constraints. McKay Coble, chairwoman of the Faculty Council, said these institutions have strong endowments that are not threatened by changes in state allocations, and can offer better pay. “Gas prices are rising. Food is rising. Our salaries aren’t rising,” Coble said.