Friday, November 5, 2010
Scenario Development for Troubled Times at the University of North Carolina
Link to November 5 Charlotte Observer article, "UNC worst-case budget looks grim. Bowles lays out bleak picture: Cuts could cost jobs, programs, and even whole campuses".
Excerpt: Chapel Hill UNC system President Erskine Bowles painted a bleak picture Thursday of the UNC system if the more severe of two budget-cutting scenarios is necessary.
As many as 1,700 jobs could be lost, he said.
Bowles even suggested that if North Carolina's economic health doesn't improve, the UNC system may eventually have to close a campus - which he called a smarter strategic and fiscal move than simply chipping away at every university in the system.
"If we keep having cuts, cuts, cuts, we'll have to look at eliminating schools, campuses," Bowles told members of the UNC system's Board of Governors. "If it went on for several years, that would be the smart decision. The unfortunate, smart decision."
To be clear, the university's situation is nowhere near that dire yet.
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