Wednesday, August 9, 2017

University of Nebraska tackles budget need - World-Herald editorial

The slowdown in Nebraska’s economy and the resulting state budget pinch require serious belt-tightening by state institutions. It’s encouraging to see that the University of Nebraska is going about that difficult task in a responsible way. NU faces a $49 million budget gap resulting from state funding cuts and increased costs for expenses such as salaries and insurance. NU President Hank Bounds provided details this week on the university’s budget strategy. The basic components: $30 million in efficiencies and cuts and $19 million from increases in tuition and enrollment. Resident undergraduates will see a 5.4 percent increase in tuition costs for the new school year and a 3.2 increase the following year.

No comments:

Post a Comment