Monday, July 30, 2018
Shrinking tuition revenue, growing expenses put UW campuses in potentially precarious position - Karen Herzog, Milwaukee Journal Sentinel
A gap is growing between how much money University of Wisconsin System campuses collect in tuition and how much they budget for costs directly tied to educating students, such as faculty pay and advising. That raises serious questions about what could be ahead. Could stretched budgets force cuts to academic programs or student services? How will campuses balance cash flow so they can deliver the same quality education if declining enrollments continue to shrink tuition coffers that cover teaching costs, personnel costs keep rising to compete for talent, and state funding is flat or cut again? More financial pressure is coming, as four-year campuses absorb the UW's two-year colleges into their operations.
https://www.jsonline.com/story/news/education/2018/07/23/uw-campuses-grappling-growing-gap-between-tuition-revenue-costs/806843002/