"We’ve laid-off 2,000 people," Yudof said. "We’ve had furloughs for the faculty and for the staff. We have hiring freezes on faculty. We are loaning the state money, in fact. … They’re not even giving us our state funding on time." In fact, Yudof said, the University has only half as much money as it did 20 years ago. "In 1990-91, in current dollars — that means inflation adjusted — we had $15,860 to spend on every student on our campus," Yudof said. "That was 20 years ago roughly. And today, under the budget that was just approved by the legislature and the governor in May, we have $7,730. This is our problem."

Read full article [here].
by Maane Khatchatourian, The Daily Nexus.

Posted: October 5th, 2009, by: admin. Categories: . Awaiting Comments.