Thursday, April 14, 2016

NMSU votes against tuition increase, may lower salaries to cut budget - JESSE MARTINEZ, KFOX14

Students at New Mexico State University will not have to worry about a tuition increase for the upcoming academic year. The Board of Regents voted against the increase, but it would mean the university would need to slash its budget by $10.7 million. "As we analyze budget reduction options, we must take a thoughtful approach to meeting these financial challenges, while planning for the future and avoiding more budget cuts in the short-term," NMSU Chancellor Garrey Carruthers said. The options being considered are salary reductions between 1 and 3 percent for administrators. University officials said restoration of the salary reductions wouldn't be considered until such time as staff receives a compensation increase of at least 2 percent. http://kfoxtv.com/news/local/nmsu-votes-against-tuition-increase-may-lower-salaries-to-cut-budget

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