| Spending cutbacks necessary to deal with lack of state funds |
 |
 |
 |
|
The Daily Campus Wednesday, March 31, 2010 The hard economic times have not been kind to Connecticut. Since March 2008, the state has lost more than 100,000 jobs and seen its budget plummet into the red. The projected budget deficit for this fiscal year currently stands at approximately $350 million. If conditions do not improve, the deficit will skyrocket to $700 million in 2011 and $3 billion in 2012, when the state’s “rainy day” fund is exhausted. Instead of seeking active solutions to Connecticut’s real economic problems, the state legislature has decided to pass its financial woes onto already struggling state institutions. One of the legislature’s victims is the University of Connecticut. |
UCONN'S ECONOMIC IMPACT
A study by a state economist indicates that operations at UConn and its Health Center added $2.3 billion to Connecticut’s GDP in fiscal 2008. Read the report...
SPREAD THE WORD
Want to do more? Join us on LinkedIn. Like us on Facebook. Follow us on Twitter.
2012 UCONN FACT SHEET
Did you know that UConn Storrs ranks 15 out of 58 public research universities in graduation rate for all freshmen? Get the complete picture of what UConn is today in the 2012 UConn Fact Sheet.