University of Wisconsin-Madison Chancellor Rebecca Blank told members of Downtown Madison Rotary today that the university faces unprecedented financial losses due to COVID-19. Blank said that current projections show a loss of $150 million, but the loss will grow if fewer students enroll when classes resume in September.
Blank noted that UW System already took almost two-thirds of the $70 million cut ordered by Governor Evers earlier this spring and cautioned that against a similar cut this fiscal year:
You cannot cut the budget on the back of higher education in this state. That will be a disaster for the state in the long run…We are arguing strongly that we’ve already given at the office and we should have a lower percentage in this next round, but we’ll see what happens.