The University of Wisconsin regents are trying to prepare for the impact state budget cuts will have on employees and students. At yesterdayâ??s meeting in Madison, UW officials told the Regents there will likely be cuts in student financial aid, and lay offs of university staff are still on the table.
While the financial picture for the university system won’t become clear until the legislature approves the budget and the governor signs it later this month, UW campuses are bracing themselves for significant cuts.
UW-Madison Chancellor Biddy Martin says all campuses are dealing with how unionized employees will be affected. Contracts for the next biennium have already been signed including a 2-percent raise. She says that’s something each campus will have to absorb, noting that the UW Madison campus alone will be hit up for â??millions of dollars.” (Second item.)