Faced with a grim future for state funding, University of Colorado Chancellor Phil DiStefano announced this morning that he is assembling an adivsory council to explore alternative revenue streams.
Studies have predicted that Colorado will run out of funding for higher education within a decade.
“Whether it's three, five or 10 years, we can anticipate, and we must plan for, zero state funding,” DiStefano said at a state of the campus address he delivered in the Glenn Miller Ballroom. “And that planning will require us to come together as never before.”
The council will include members of the campus community and external members who have no ties to CU. DiStefano, in an interview, said he plans on having the group put together by the end of the semester.