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View Full Version : OU board to consider $20 million in budget cuts



badger
1/26/2016, 05:13 PM
http://newsok.com/ou-board-to-consider-20-million-in-budget-cuts/article/5474894


The OU budget reduction plan includes a voluntary retirement incentive expected to yield $10 million in annual savings. Another $10 million in savings would come from the elimination of vacant faculty and staff positions and by reductions in purchasing and travel.

The conversion from tenure track with pensions and benefits to adjunct pay-per-class is a real thing... but it is going on everywhere, as is above-inflation tuition and fees increases and ballooning administration positions and salaries.

Is this a sign that the higher ed bubble is starting to burst?