Economics and Change in Higher Education

JUNE 17, 2023

Beginning July 1, the University of Nebraska-Lincoln will cut nearly $10.8 million from its 2023-24 budget by closing open positions and reducing administrative costs. Those cuts, however, will make up less than half of the budget deficit facing UNL. That $23.8 million deficit has largely been created by enrollment losses over the past two years. That funding crisis, exacerbated by the failure of state appropriations to keep up with the cost of doing business, will continue and, perhaps, worsen.

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University Administration 52

Economics and Change in Higher Education

JUNE 17, 2023

Chancellor Ronnie Green approved $10.8 million in budget cuts last week for the University of Nebraska-Lincoln. And those cuts could be just the beginning as enrollment rates suffer. “If we were to try to balance this budget right on tuition, we’d be talking double-digit tuition increase,” NU President Ted Carter told the Board of Regents on Monday.

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University Students 40