Friday, May 22, 2020

Kent State cuts $30 million from budget amid coronavirus pandemic - Krista S. Kano, Beacon Journal

Kent State University finalized more than $30 million in cuts Wednesday to make up for losses associated with the coronavirus pandemic. The cuts will come in the form of salary reductions for nonunion employees, pay freezes for both tenure track and nontenure track faculty, and a voluntary buyout program. The cutbacks will help the university decrease its budget by 20% to make up for a shortfall resulting from a reduction in state support as well as a decline in enrollment.