University of Alaska may lose 41% of their state funding

Alaska’s governor is looking to cut 41% of the University of Alaska’s state funding.

Reported by the Chronicle of Higher Education, this not only puts the institution on the path toward severe faculty and program cuts, but may put a lot of offered scholarship dollars up in the air.

A recent declaration of financial exigency by the Board of Regents may make some of those faculty reductions happen even quicker.

The takeaway? An extremely sad period for the state of Alaska is also a warning call to those of us in higher ed about potential crises to come if we don’t find a more sustainable path toward self-sufficiency apart from ever-decreasing state and federal funding.

May you continue to fight the good enrollment growth fight at your institution today, and we’ll see you again tomorrow.

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Eric Olsen

Eric brings more than a decade of award-winning creative brand development, marketing analytics and higher education experience to Helix Education. Eric is a graduate of Bradley University and earned his MBA at Lewis University.