Back in the spring, we ruminated on the ongoing credit crisis and the threat of state budget cuts. Well, it seems that things are coming home to roost: A general cut to State University of New York schools will amount to about $100 million, he said. He estimated that Cornell's share of that will be in the range of $9 million to $10 million. “We expect there will be some significant program changes and maybe eliminations,” he said. “It would be up to the deans.” The college deans will be scrambling to reorganize under their reduced budgets, especially since it is the middle of the fiscal year, Seeber said.The final tally of budget reductions was not yet collected as of Thursday afternoon, said Vice Provost for Land Grant Affairs Ronald Seeber.
This might only set the stage for future cuts. But every cloud has its silver lining, and the budget crisis could lead Cornell could streamline its operations, eliminating redundancies and streamlining programs.
