Utah State University is not exempt from the economic challenges President Stan Albrecht (USU President) told students Wednesday.
Due to the “financial meltdown” in the country USU has to cut $6.5 million from the budget said Albrecht.
President Albrecht said that students lives won't be affected much by the budget cuts and that he doesn't expect scholarships to be reduced.
A committee of six people has been appointed by Albrecht to decide where the cuts will take place.
Tuition costs are expected to rise but not as part of the budget crisis. Albrecht said that he'll try to keep the rise in costs as modest as possible.
As for where the cuts will specifically come from President Albrecht said no decisions have been made as of yet.
“There have been no decisions on cuts at all,” said Albrecht.
Albrecht said that USU is one of the best places to get an education right now in the entire country.
“Now is exactly the time to be coming here. We are one of the country's best propositions right now,” he said.
Albrecht also said that USU is an excellent university with a modest cost.
“Out of 30 universities in the west, in tuition we're number 29,” said Albrecht.
Each department is going to lose 5.5 percent of its funding. The recommendations for where the cuts will come are given by each department and are due on Nov. 1.
The retirement packages will not be affected. USU has a lower salary than its peers but their retirement packages are better as a way to get and keep good professors at the university said Albrecht.
Approximately $3.7 million that normally goes towards repaving sidewalks and fixing roofs will be cut in the next year Albrecht said.
Some have proposed the possibility of a 4-day-work-week which has been considered by the committee, however its hard for a university to only be in session four days of the week he said.
“It's really difficult for an institution like us to have a 4-day-work-week,” said Albrecht.
Construction of the building behind the Education building will not be delayed said President Albrecht.
When one listened to President Albrecht, it wasn't clear where the $6.5 million cuts would come from but that the after Nov. 1, the decisions would be much more clear.
Wednesday, October 29, 2008
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