University of Iowa, Iowa State to split $11 million in state cuts - Vanessa Miller, the Gazette

Iowa’s two largest public universities likely will bear a nearly equal brunt of a “devastating” $11 million state funding cut approved in March — forcing both to slash more than $5 million in the budget year that’s just three months from ending. The Board of Regents will vote next week on a proposal to absorb the state’s $10.9 million de-appropriation by taking back $5.5 million from University of Iowa and $5.4 million from Iowa State University, according to board spokesman Josh Lehman. “It’s a devastating cut as far as I’m concerned,” Regent Larry McKibben told The Gazette. http://www.thegazette.com/subject/news/education/university-of-iowa-iowa-state-to-split-11-million-in-state-cuts-20180402