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Scholz announces $65 million in budget cuts
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Scholz announces $65 million in budget cuts
University of Oregon President John Karl Scholz announced Thursday a $65 million budget cut to “avoid an ongoing annual budget deficit,” via email. Scholz said the cuts are a direct result of lower tuition revenue due to lower incoming out-of-state enrollment rates. UO receives approximately 80% of its budget from tuition revenue and relies heavily on out-of-state student enrollment. Lower than predicted out-of-state enrollment has a “dispropor…
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