As President-elect Obama acknowledged in his election-night speech, our country is facing some of the greatest financial challenges in our lifetimes.
The next Congress will make difficult decisions about where to invest and where to cut. Leaders in Wisconsin face similarly vexing questions, as Gov. Jim Doyle anticipates a $5.4 billion shortfall for the upcoming two-year budget cycle.
The simple reality: We’re all going to have to do more with less. For years, the University of Wisconsin System has been doing more for our students with less public support. At our four-year campuses, taxpayers today invest $500 less per student than they did 10 years ago, at a level that is now $1,500 below the national average.