April 3, 2008
USM plans more cuts
The University of Southern Maine has said it will eliminate at least 30 more positions, on top of the 59 positions already erased, as it attempts to minimize a multi-million-dollar deficit.
The next wave of cuts will come from restructuring academic programs, the ,i>Portland Press Herald reported Interim President Joe Wood as saying. Twenty-six degree programs are currently being reviewed. The positions to be cut will likely come from non-tenured faculty posts, professional employees and administrators, the paper reported.
The university has posted deficits in the past four years, and has borrowed $8.2 million from the University of Maine System to plug the gap in the meantime, on top of making cuts. It will start paying back the loan in 2010.
The next wave of cuts will come from restructuring academic programs, the ,i>Portland Press Herald reported Interim President Joe Wood as saying. Twenty-six degree programs are currently being reviewed. The positions to be cut will likely come from non-tenured faculty posts, professional employees and administrators, the paper reported.
The university has posted deficits in the past four years, and has borrowed $8.2 million from the University of Maine System to plug the gap in the meantime, on top of making cuts. It will start paying back the loan in 2010.
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