budget cuts

Penn State provides voluntary buyouts to mitigate its deficit

The university wants to cut nearly $100 million from its budget starting July 2025. It's a strategy leaders hope will provide long-term stability amid ongoing budget woes.

How this university plans to reduce its budget deficit by $110 million in one year

"As a result of our budget decisions, the university will be in a position to allocate sufficient funds to ensure no college starts FY 2025 in a budget deficit," University of Arizona President Robert Robbins wrote in an email to the community ahead of the board meeting.

Did emergency funding create a crutch for the Connecticut college system?

"We're about to fall off that cliff," said Higher Education Co-Chairman Gregg Haddad referring to the reliance the state system placed on one-time federal aid investments, such as the American Rescue Plan.

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