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Posted on 10/23/2026 3:38:57 PM PDT by george76
Officials have a plan to whittle down the institution’s projected deficit to $3 million through expense shaving and revenue increases.
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Dive Brief:
University of Maine’s senior leadership outlined a plan that would slash the public institution’s expected fiscal 2028 nonacademic budget deficit from $9 million down to $3 million.
The plan relies on expense cuts including an unspecified number of layoffs, along with some combination of shorter employee appointments and vacancy eliminations in several units — athletics, student life, strategic partnerships and the president’s office.
Leaders are also looking at consolidating UMaine’s research centers. At the same time, they hope to boost revenue by $1 million, including through a partnership with a facilities management firm to increase conferences and events at the university.
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In addition to the workforce reductions, UMaine officials plan to centralize some operations and sunset others, decrease reliance on external vendors and seek outside funds to finance some job roles.
When and if all those efforts are realized, the challenge of closing UMaine’s remaining $3 million budget gap “will be the Cabinet’s main focus over the coming weeks
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All that applies to only a portion of UMaine’s budget. In September, UMaine President Joan Ferrini-Mundy and Provost Gabriel Paquette said the institution faced a projected $19 million deficit for the next fiscal year. Of that, the university’s academic affairs unit committed to eliminating $10 million from base expenses.
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The academic side planned to do so by cutting 20% of vacant positions within academic affairs in addition to reducing instruction budgets and consolidating course sections. In the longer term, UMaine might also increase course seat limits and close out some “underenrolled” programs,
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But, even with all those measures, Ferrini-Mundy and Paquette warned that staff and faculty layoffs would ultimately be necessary to completely eliminate the university’s deficit while options to limit layoffs would be “pursued aggressively.”
At the time, the leaders cited “demographic and other enrollment pressures” that have weighed on revenue as expenses have grown.
Without budget cuts, UMaine leaders project its total deficit would grow from $19 million fiscal 2028 to $34.6 million in 2029 and $41.1 million by 2030,
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Looking forward to fall 2027, administrators anticipate an enrollment decline of up to 2%, to 10,511 students
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How horrible. Has there ever been a more awful calamity.
U of M staff-to-faculty ratio is between 4:1 and 5:1.
It’s Maine..destroyed by Massholes and other out of staters that should have been shot at the border and the illegal scum imported. It’s now a fag infested liberal shxthole that used to be beautiful state.
I wonder if they’re going to cut any of their Gender Studies expenses. Of course, that’s assuming they have such programs.
As my buddy would say, that’s b-b-b-bloated.
A quick google as to why u Maine lost money tells you all you need to know
Trump is cutting back the nonsense, basically
Also no kids
Birth control coming around to bite the country in the ass
Part of the problem may be due to the fact that the Maine state legislature reduced the tuition at the state’s community college to zero. I suspect many students will take two full years of courses at the community colleges and then transfer to the University of Maine and the four year colleges in the state.
No more Federal money for 💩 degrees.
Are they going to close departments and courses that don’t have enough students enrolled to justify their existence?
The Big Education bubble is starting to collapse.
Ask Stephen King for a bailout. Or maybe the cousin-bumper will rescue them.
The referenced article indicates that the university will, in the future, look at cost-cutting in under-enrolled programs. Meaning, it has so far avoided doing that. Instead, it has attempted to cut expenses through in innocuous ways such as by not filling vacant positions.
There is also the issue of non-academic positions. The entire increase in university cost in recent years has been in non-academic positions. These expenses range from rock-climbing walls at the student union to Directors of DEI programs. Tight budgets should force universities to refocus on student priorities which, increasingly, is the ability to compete for the jobs that are out there in the real world.
I could show them where they could cut expenses. How about abolishing the Women’s, Gender, and Sexual Studies major and minor. And maybe the Canadian Studies, Native American Studies and Judaic Studies minors.
See my Post 14 on this thread.
Praise God.
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