Regents OK Buyouts For University Of Northern Iowa

Ann McClure's picture
Thursday, March 8, 2012

Voluntary buyout packages for University of Northern Iowa tenured faculty were approved Monday by the state Board of Regents, a move that could result in millions of dollars in annual savings for the Cedar Falls school.

Faculty and the administration must now decide which academic programs to eliminate before a decision is made on which professors will receive buyout offers. A meeting with the faculty union is scheduled for today.

UNI administrators have said they plan to announce as soon as this week which low-demand programs will be eliminated or consolidated as part of a broader plan to close a $5 million budget gap.

The regents’ vote came as faculty and students rolled out a series of protests on campus and at the state Capitol.

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