The University of New Hampshire is laying off about 75 employees as part of an effort to reduce its yearly expenses by $14 million. Colleges nationwide are facing significant competition for students and rising costs and the University of New Hampshire is no exception, President James Dean Jr. said Tuesday. In a message announcing the layoffs, he argued the institution must proactively make budgetary changes to address these issues. Employee compensation and benefits represent the institution’s biggest expense category, according to Dean. University spokesperson Tania deLuzuriaga said via email that a vast majority of the affected employees are staff but did not share exact figures
