$8 million spent to retain Madison professors
MADISON - The
University of Wisconsin-Madison has spent at least $8
million since last summer to keep top faculty members
following the Legislature's cuts to higher education.
Chancellor Rebecca Blank is telling the Board of Regents
that retaining key professors will take a continuing
investment as other universities try to lure them away.
Blank told regents meeting Thursday in Madison that the
university is an investment for Wisconsin, not just a budget
expense — and it will need more funding to remain a top
public research institution.
outlet says Blank cited 48 retention cases in the current
fiscal year. She says the $8 million helped keep 41
professors at Madison.
state budget cut funding for the UW System by $250 million
over two years and stripped tenure policies from state law.