Vermont State Colleges chief: cuts mean job losses - Associated Press

Vermont State Colleges Chancellor Tim Donovan says a 4-percent budget cut being sought by the Shumlin administration will mean job losses on the system's campuses. Some of the schools also have grappled with declining tuition in recent years, and Donovan said the only way to meet the budget cut requirements is to look for places where jobs can be eliminated. A 4 percent cut is expected to translate to a bit more than $1 million for a system with a $26.4 million annual budget. The governor called for cuts of about that size throughout state government after the state's revenue forecast was recently downgraded. http://www.seattlepi.com/news/article/Vermont-State-Colleges-chief-cuts-mean-job-losses-5664507.php