LINCOLN University of Nebraska President Hank Bounds was joined today by the NU chancellors in announcing broad changes in structure, policy and process that the university will implement to help manage a recurring $49 million budget shortfall. The changes are necessitated by cuts in state funding during the last legislative session combined with the university’s rising costs. “Budget cuts are never easy. They are even more painful when they come at the precise time that the University of … [Read more...]