Monday, January 19, 2015

The University of Maine System must be remade or risk continued budget struggles and strife - Troy R. Bennett, Bangor Daily News

For any who doubt the severity of the budget problems facing the University of Maine System, a recent Wall Street Journal headline should be eye-opening: “Maine’s Colleges Hit the Skids.” As well documented by university system leaders, the paper simply laid out the problem: declining enrollment, greater reliance on tuition that has been frozen and inefficient operations. These are problems in higher education nationwide, but they are especially pronounced in Maine, where the number of high school graduates is projected to continue dropping through 2020. Without significant changes, the system is projected to have a $90 million deficit by the 2019-20 academic year. http://bangordailynews.com/2015/01/10/opinion/editorials/the-university-of-maine-system-must-be-remade-or-risk-continued-budget-struggles-and-strife/?ref=moreInstate