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Provost’s blog

Working together to address the financial risks facing our University

Despite a good financial position, unprecedented and rapid policy changes at the federal level have increased the risk of funding cuts that threaten the University’s financial stability. At the state level, a significant budget shortfall is leading our legislature to grapple with a range of measures including budget cuts and furloughs, although the latter are particularly ill-suited to higher education because the cost of implementation minimizes the actual savings realized.