Chancellor: UC Berkeley faces deficit, difficult decisions

File photo of UC Berkeley
File photo of UC Berkeley

BERKELEY, Calif. (AP) — The chancellor of the University of California, Berkeley, says the flagship school is running a $150 million deficit and must undertake a top-to-bottom review of expenses to sustain its national standing.

Chancellor Nicholas Dirks notified the campus in a letter Wednesday that he has initiated a process aimed at cutting costs and boosting fundraising.

Dirks says every aspect of UC Berkeley will be open to evaluation and that the university faces difficult decisions as it works to preserve its long-term financial footing.

Consolidating academic programs, evaluating spending on athletics, shedding staff and admitting fewer doctoral students are some of the changes that will be considered.

A budget review prepared by Berkeley administrators blames the deficit on reduced state funding, increased pension costs and five years without in-state tuition increases.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s