Regents’ plan could cost University of Iowa $60 million a year

Kylie Lacey's picture

Supporters of the University of Iowa say a proposed new way of allocating higher education funding in the state threatens the quality of education at UI and could cut the university’s appropriation by nearly $60 million a year.

Unlike Iowa State University and the University of Northern Iowa, UI has far more graduate and professional-degree programs that not only cost more to operate, but also attract students from around the world, officials said. Those two qualities enrich the university’s academic experience and improve its ability to recruit top-notch faculty members, they said.

“This is the most serious event to confront the University of Iowa in at least five decades,” said Ed Wasserman, professor of psychology and former president of UI’s Faculty Senate.

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