University of Wyoming President Laurie Nichols brought together faculty and staff Wednesday to discuss the financial crisis she declared last week at the university.
At the meeting, President Nichols detailed how the university plans to cut about $30 million over the next two years. In her plan, Nichols said the university will raise tuition by 4 percent—and eliminate 70 vacancies throughout campus. Around 50 faculty and staff will also have to voluntarily retire for the university to save enough money.
The Wyoming Community College Commission is considering changes to tuition policy for the state’s seven community colleges.
The discussion comes as lawmakers propose cuts to state funding for community colleges. The Commission decided last week to undergo a two-stage examination of tuition. Executive director Jim Rose says the first stage will be reacting to lawmakers’ likely budget cuts.