Our college budget is getting cut by $2 million. This is after a $4 million cut last year, and a request last January that the college return $1million. Since faculty salaries constitute 80% of the budget, the college has warned us that the next cut will most likely be there. They want the faculty to decide how much of a reduction we can take.
On the one hand, the proper reaction to this is "WTF?!?!" On the other, a lesser salary with benefits beats the hell out of unemployment.
Meanwhile, they are anticipating increasing enrollment as people turn to community colleges to retrain for other careers. Although, I wonder how that will actually work out, given the rising cost of tuition and the crisis in banking that could affect loans. I also wonder how much four year colleges and universities are feeling this, as well. Is anywhere safe?
So, I ask once more, how are we not in a depression? Is there no end in sight; and how do we survive in the meantime?