U. of Alaska crisis eases as governor backs a smaller funding cut
State funding for the University of Alaska would be cut $70 million over three years under a deal Gov. Michael J. Dunleavy (R) approved Tuesday that appeared to pull the higher education system back from the brink of immediate fiscal crisis.
Previously, Dunleavy had demanded a $135 million budget cut for the university, to be enacted in one year. That would have represented a reduction of about 40 percent, raising existential questions for the university’s campuses in Fairbanks, Anchorage and Juneau.