The Latest in… the Continuing Saga of the UC’s Budget Woes!
Looks like things are about to go from bad to worse. Inside Higher Ed is reporting that the UC is looking at possibly implementing some drastic measures in light of the current budget crisis. According to a proposal by President Mark G. Yudof, furloughs and pay cuts are on the table for faculty and staff, to the tune of a $195 million reduction.
With a deficit of $800 million (yes, million), things aren’t going to be easy for the UC. As for how the crisis is going to impact UCSB, check out our continuing coverage throughout the summer – the Nexus‘ next issue hits newsstands June 24.
One Response to “The Latest in… the Continuing Saga of the UC’s Budget Woes!”
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Sadly, this will continue to be our reality for years to come. Things are not going to turn around for CA anytime soon. Let’s just hope the stakeholders focus their energies on drawing up workable responses rather than tearing each other apart over the scraps.