OMAHA- University of Nebraska President Ted Carter told the Board of Regents that the university system would have to begin looking for cost-saving methods in order to hold any substantial tuition increases in check. Carter went on to say that, although NU Systems will receive a small bump in state aid from the Legislature's Appropriations Committee, the University might have to make some difficult decisions in the coming months.
"There is absolutely no easy button for navigating these headwinds," Carter told the NU Regents. In a request given to the Legislature's appropriations committee last fall, NU sought a 3% increase in each of the next two years, which Carter noted would still leave the university with a $25 million budget shortfall.
Despite this, Gov. Pillen and the Appropriations Committee later recommended a 2% increase in their budget proposals released earlier this year. An agreement was eventually struck between Pillen and Carter, and committee members approved a 2.5% budget increase. Carter finished by telling the Regents that he would begin discussions with them to decide whether or not to continue the current tuition freeze, but reaffirmed his support for keeping tuition at the university affordable.
For the full article click HERE