UT President addresses budget cuts
Wed, 01 May 2013 23:04:15 GMT —
University of Toledo President Dr. Lloyd Jacobs says that a decrease in state funding is forcing his institution to slash $17 million in spending. "State support in higher education has decreased dramatically in 48 of the 50 states," Dr. Jacobs said. Wyoming and North Dakota are the two states that have increased funding to public colleges and universities. 14 of UT's colleges will see a reduction in their budgets from last year.
The College of Engineering will get the steepest cut-$1.8M. Professor Douglas Oliver says the reduction in money will hurt the college. "The college will have a very hard time repairing equipment, buying new equipment and maintaining equipment," Dr. Oliver said.
The university has previously announced a tuition freeze for the 2013 fall semester. It is the third tuition freeze in the last 6 years.