Tag Archives: Budgets & Funding

Wellesley College cuts 80 non-faculty jobs

Boston Globe: Wellesley College cuts 80 non-faculty jobs

Wellesley College is cutting its workforce by 80 employees through layoffs and early retirements, becoming the latest institution of higher education forced to make significant cuts in the dismal economy.

Princeton Slashes Its Budget Again and Freezes Salaries

The Chronicle News Blog: Princeton Slashes Its Budget Again and Freezes Salaries

Facing endowment losses more severe than anticipated, Princeton University will freeze salaries for tenured faculty members and staff members who earn more than $75,000 and slash its budget for the 2011 fiscal year by $80-million, the university’s president, Shirley M. Tilghman, announced this week.

Globe and Mail: Tuition attrition? Reposition

At Guelph, students are protesting because the university has cut women’s studies and ecology. At the University of Toronto, they’re outraged because the downtown campus is about to charge full-time fees for lighter course loads. York University has just survived a brutal strike by teaching assistants and contract faculty. And as everyone freezes hiring, PhDs have become a glut on the market.

This is just a taste of things to come. As endowment and pension funds shrivel up, Canada’s universities are facing a challenge they haven’t had since the mid-1990s: budget cuts. “It’s a perfect storm,” says education consultant Alex Usher, who figures that endowment funds alone have taken a $2-billion hit.

For the past few years, the postsecondary sector has enjoyed automatic funding increases of 5 per cent to 10 per cent a year. Now, some places will have to cut back 15 per cent over the next three years.

Canada: Cash-strapped universities looking at cancelling small classes, programs, charging flat tuition

Globe and Mail: A whole new meaning to cutting classes

Cash-strapped universities looking at cancelling small classes, programs, charging flat tuition

As the last grim signs of winter fade from Canadian campuses, the spring rite of cutting classes is taking on a whole new meaning.

Course calendars across the country are under the microscope as universities, trying to do more with less, are taking a hard look at programs and class sizes. The end result will likely be fewer choices for undergraduates and larger classes in September – another symptom of the financial squeeze on higher education

More students + less money = no diplomas

The Guardian: More students + less money = no diplomas

The government’s decision to cut sixth-form funding has stunned schools and colleges

Brian Rossiter is struggling to come to terms with a government decision to cut funding for what was supposed to be one of its biggest priorities in education. Rossiter is head of an 11-18 comprehensive and was told last week that funding for its thriving sixth form – which has grown by 28% in just two years as teenagers have been persuaded of the value of further study – is to be reduced by nearly 4% from September.

U Nebraska removes half of hallway lights on campus to save energy costs

Net Nebraska: UNL budget cuts make students, professors wary

Anyone strolling campus hallways these days has noticed some visible evidence of the nation’s economic woes arriving at UNL: saloon lighting.

Jay Jackson, of building maintenance, is busy removing half the remaining bulbs from hallway fixtures across campus – more than 4,000 so far – as part of UNL’s effort to reduce energy costs.

Vermont: UVM faculty plan budget-cut protest

Fox 44: UVM faculty plan budget-cut protest

BURLINGTON, Vt. (AP) – University of Vermont faculty members who say a starvation diet is being imposed on the school’s academic programs are planning a “Let Them Eat Gruel?” budget-cut protest.

United Academics, the union representing most UVM faculty, says President Daniel Fogel’s plan to reduce staffing will result in an English department without courses on Charles Dickens, a Political Science department without courses in international politics and a civil and environmental engineering program at risk of losing accreditation.

Budget Woes Take Their Toll on Cal State University System

Wall Street Journal: Budget Woes Take Their Toll on Cal State University System

SAN FRANCISCO — Relentless budget cutting by California lawmakers is taking some of the luster off the California State University system, one of the state’s most prized institutions.

Once regarded as a national model, the 23-campus system is reeling from more than $500 million in budget cuts and underfunding over the past two years. As a result, CSU officials for the first time are dropping the policy of accepting all qualified applicants to schools of their choice in a system now brimming with more than 450,000 students.

Cambridge University Press: dons step in as digital age threatens jobs at world’s oldest publisher

The Guardian: Cambridge University Press: dons step in as digital age threatens jobs at world’s oldest publisher

• Unions take their case to university’s Syndicate
• Management says press was losing £2m a year

College dons have become embroiled in a bitter row over plans to axe more than 150 jobs at Cambridge University Press – the oldest continually operating book publisher in the world.

New Strategy at Wisconsin

Inside Higher Ed: New Strategy at Wisconsin

The University of Wisconsin at Madison might be called a victim of its own successes. The state’s flagship institution has recruited prominent faculty, but has been forced to enter bidding wars with wealthy private institutions just to retain them. On top of that challenge, budget cuts and cost increases have made it difficult for the university to fill positions vacated by retiring baby boomers, leaving faculty lines open and forcing the university to cut course offerings.

Washington: 7,000 jobs could be axed to close $9 billion budget gap

The Olympian: 7,000 jobs could be axed to close $9 billion budget gap
Education takes a big hit in plan from Senate Democrats

The Senate Democrats’ budget plan outlined Monday would cut more than $3 billion from state programs, including big slices from public schools, universities and health care over the next two years.

Arizona lawmakers must reverse cuts to universities or lose $800M

Arizona Daily Star: Stimulus money hangs in balance
Lawmakers must reverse cuts to universities or lose $800M

PHOENIX — State lawmakers will have to restore at least $150 million in cuts they just made to higher education to keep Arizona from losing more than $800 million in federal education stimulus funds.

Economic Downturn Limits Conference Travel

The Chronicle: Economic Downturn Limits Conference Travel

Attendance is down at many academic and professional conferences in higher education this year, and next year’s numbers are expected to be far worse, as campus budgets take further beatings. With many colleges limiting travel to professors or administrators who are speaking at events they’re attending, will anyone be left in the audience?

What if all the students dry up? The economy, climate change and virtual learning could leave university buildings standing empty

The Guardian: What if all the students dry up?

The economy, climate change and virtual learning could leave university buildings standing empty

Let us suppose that instead of the UK being a net importer of students, this situation were reversed. What would happen to our universities over the next 20 years if the flow of young people coming to study from overseas dried up and increasing numbers of home students chose to go abroad for their higher education?

California: Even in recession, UC spends big on top brass

San Francisco Chronicle: Even in recession, UC spends big on top brass

The University of California’s worst financial crisis in years has not prevented the hiring of high-salaried administrative talent or the awarding of pay raises, promotions and perks to a dozen executives, university records show.

Blistering Audit Blames Israeli Universities for Hiding Multibillion-Dollar Deficits

The Chronicle News Blog: Blistering Audit Blames Israeli Universities for Hiding Multibillion-Dollar Deficits

Jerusalem — Israel’s universities have been accused of hiding huge budget deficits and of fiscal mismanagement in a scathing report by the country’s state comptroller, who oversees public institutions.

The official, Micha Lindenstrauss, said the country’s publicly financed universities ran up a deficit of 17.9 billion shekels (nearly $4.5-billion) last year but reported a deficit of only 1.59 billion shekels (about $400-million).

Cambridge dons retain control of university

The Guardian: Cambridge dons retain control of university

Funding council insists they provide more information about how they spend their money

The government’s university funding body has backed away from efforts to force Cambridge to end its centuries-old tradition of academics running the institution themselves.

The ancient university has agreed to provide more information to account for the public money it receives from the Higher Education Funding Council for England (Hefce) — more than £181m in the coming year — but has resisted pressure to have a majority of external members on its governing council.

Farewell to the Printed Monograph

Inside Higher Ed: Farewell to the Printed Monograph

The University of Michigan Press is announcing today that it will shift its scholarly publishing from being primarily a traditional print operation to one that is primarily digital.

Within two years, press officials expect well over 50 of the 60-plus monographs that the press publishes each year — currently in book form — to be released only in digital editions. Readers will still be able to use print-on-demand systems to produce versions that can be held in their hands, but the press will consider the digital monograph the norm. Many university presses are experimenting with digital publishing, but the Michigan announcement may be the most dramatic to date by a major university press.

England and Wales: Universities push for higher fees

BBC: Universities push for higher fees

Many universities in England and Wales want a sharp increase in tuition fees, a survey by BBC News has concluded.

Two thirds of vice-chancellors, speaking anonymously, said they needed to raise fees, suggesting levels of between £4,000 and £20,000 per year.

State Colleges Also Face Cuts in Ambitions

The New York Times: State Colleges Also Face Cuts in Ambitions

TEMPE, Ariz. — When Michael Crow became president of Arizona State University seven years ago, he promised to make it “The New American University,” with 100,000 students by 2020. It would break down the musty old boundaries between disciplines, encourage advanced research and entrepreneurship to drive the new economy, and draw in students from underserved sectors of the state.