The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. This blog chronicles those changes for academic / historical record purposes. Click on the URL at the end of each posting to view the complete news report.
Thursday, October 31, 2019
U Idaho facing budget cuts after $14 million shortfall - Scott Jackson, Lewiston Tribune
The University of Idaho has handed down departmental budget cuts to defray an expected $14 million shortfall for the current fiscal year. UI Vice President for Administration and Finance Brian Foisy said the shortfall is the result of an increase in expenditures to cover employee benefits, as well as an expected drop in revenue related to out-of-state tuition. Foisy said a $7 million share of the deficit can be linked to the rising cost of employee benefits.