Budget cuts are now commonplace for Louisiana’s higher education institutions, but it doesn’t make them any easier to handle. And for northwest Louisiana colleges and universities, the latest round of cuts packs a punch.
For the fifth year in a row, the state’s fiscal crisis has reared its ugly head, and higher education is expected to receive about $96.5 million less in state funding than the previous year — including roughly $19 million less for local institutions.
However, there are signs of hope. The Legislature for the first time approved $40 million in one-time monies to be distributed among the universities, but those disbursements are not accounted for in Board of Regents figures.