Wednesday, March 12, 2014
Struggling UMD adjusts to stay afloat - Meghan Holden, Minnesota Daily
The Duluth campus is reorganizing to make up for a large budget shortfall. The University of Minnesota is fighting to keep the Duluth campus afloat after sinking enrollment numbers and decreased state funding caused a nearly $10 million budget shortfall this budget cycle. UMD will cut and reorganize faculty and staff, evaluate administrative spending and look at combining departments while strengthening its partnership with the Twin Cities campus to offset the budget woes. The Duluth campus recently reviewed programs, courses and services to decide where to reduce costs and increase revenues. An internal review of campus spending released last month said that the school could save more than $2.5 million and make nearly $700,000 in new revenue if certain changes were made.
http://www.mndaily.com/news/campus/2014/03/04/struggling-umd-adjusts-stay-afloat