The Universities of Wisconsin system is facing major projected budget shortfalls in the coming years as financial reserves dwindle and retention rates fall. These are the main themes the system’s president, Jay Rothman, pointed to in recently released third-party reports on the state’s universities. The system’s trustees charged Rothman with eliminating structural shortfalls a year ago, with 10 of the system’s 13 universities running budget deficits at the time. Rothman’s office hired consulting firm Deloitte to analyze the finances of Wisconsin’s colleges.
