University of Nebraska Fights Back: Advocating Against Proposed Budget Cuts

The Nebraska Legislature’s Appropriations Committee met recently to discuss budget cuts affecting the University of Nebraska, a topic that raised concerns among many attendees.

The University had requested a 3.5% increase in state funding. However, Governor Jim Pillen proposed a 2% cut, which translates to about $14 million. This cut could be even worse when considering potential federal cuts, which could total around $100 million, according to University President Jeff Gold.

When asked how the University could manage these cuts, Gold emphasized the scale of the problem. He pointed out that even if they eliminated all rural programs, it wouldn’t nearly cover the financial challenges ahead.

In addition to cuts to the University, Pillen proposed to eliminate about $11 million in tobacco settlement funds that support biomedical research. Joann Sweasy, director of the Fred and Pamela Buffett Cancer Research Institute, responded with concern, stating that these cuts could jeopardize vital advancements in cancer research. She expressed that the funding decisions directly impact the health and future treatments available to Nebraskans.

Senator Machaela Cavanaugh criticized the governor’s budget plan, arguing that the push for property tax relief shouldn’t come at the cost of education and university funding.

Jim Scheer, a University Regent, highlighted how the cuts could lead to tuition hikes. He explained that a 1% increase in tuition generates about $3 million. If the University faces a $14 to $15 million cut, tuition may rise by 5-8% just to compensate.

The governor’s budget office pointed out that the University has nearly $600 million in cash reserves and that the proposed cuts are only half a percent of its overall budget.

Gold hopes for better financial projections in the future, emphasizing that although hope is important, it doesn’t replace a solid plan. The economic forecasting board is set to meet soon to reassess state revenue, which currently shows a projected $432 million shortfall over the next two fiscal years. After the board’s meeting, the Appropriations Committee will decide on any budget recommendations for April.