Friday, October 31, 2014

Asking for a Budget Cut

Inside Higher Ed
October 31st, 2014

Faculty at the University of Iowa are bothered that their president publicly backed a plan to cut the university’s budget by nearly $50 million.
Privately, some faculty were horrified by seeing President Sally Mason’s signature on the letter endorsing cuts to the university. Other professors understood that Mason may have signed the letter at the insistence of the state university system's Board of Regents.
The letter asks the legislature to adopt a new funding model that would eventually take money from the University of Iowa’s and give it to other public universities in the state.
Mason signed the letter along with the presidents of those other two universities – Iowa State University and the University of Northern Iowa – and two leaders from the state system, which created and approved the plan. According to the letter, which is dated Oct. 14 but was made public this week, the University of Iowa may lose about $46 million in coming years, while Northern Iowa would gain $24 million and Iowa State would get $23 million.

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