FSP tells it like it is: where there is nothing for money, and the lads are expensive
pay cuts, btw, are globally a bad idea, even if they are tempting locally
they are massively deflationary, because the cut generally all goes to discretionary spending, - a university doing cross-the-board pay cuts of faculty and staff will trash the economy of most college towns
- Log in to post comments
More like this
A lot of people have asked me to link to and comment on the SUNY Albany cuts and some of the reactions to it by some online academics...
To cut a long story short, the SUNY system took another round of cuts, and the President of SUNY Albany decided to cut whole programs rather than keep trimming…
Ok - lets move beyond anonymous confessions.
Which universities have gone public with the problems, and what are the public facts.
I'll aggregate links below.
Arizona State University - hard times and - mandatory unpaid furlough specifics - and budget reductions
University of Arizona mandatory…
most people really only think in microeconomic terms
and most of the time that is fine, except when it is not
an example of this, is the meme that governments ought to cut expenditure when economic times are hard, by analogy with families, which react rationally to budget shortages and…
ok folks, how bad is it getting out there?
I'm hearing lots of anecdotes: pay freezes galore, hiring freezes in places, whispers of mandatory cross-the-board paycuts if budgets are as projected, firing of non-tenured staff and class size cramming planned, and, ad hoc committees forming to consider…