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Sonoma State University in $24million budget crisis: 6 departments and dozens of courses axed
Sonoma State University plans to cut six academic departments, discontinue nearly two dozen degree programs, and eliminate its entire Division II athletics program to address a $24 million deficit. More than 60 faculty and staff positions will also be eliminated, impacting students across various disciplines.
University of Arizona lost $240 million: Here is how
The University of Arizona recently disclosed a $240 million financial error, transforming its surplus into a $177 million deficit. The miscalculation, caused by a flawed forecasting model, raises concerns about the impact on students and academics. Potential budget cuts could affect financial aid, tuition rates, and academic programs, while faculty may face salary freezes or job insecurity. The incident serves as a cautionary tale for other universities and underscores the importance of effective financial management.
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