LINCOLN, Neb. -- University of Nebraska President Hank Bounds spoke at the Board of Regents meeting Thursday about how he plans to make budget cuts.
"I asked the leadership teams on each of our campuses to go back to work with their campuses and bring back to us in a very short period of time, cuts that would realize the amount that we have to get," he said.
Under Gov. Pete Ricketts budget proposal, Pres. Bounds needs to cut $11 million dollars in the 2017-2018 year and $23 million in the following year.
"I don't know what the tuition increase will be but that will have to be part of our conversation we can't get there without some tuition increase," he said.
In the last decade tuition has gone up by 40%. In the 2007-2008 year it cost about $170 per credit hour. Five years later tuition went up to $216 per credit hour, and this year it's $237 per credit hour. That means the average student is paying $2,000 more per year in tuition.
Mitch Johnson is a senior in Advertising and Public Relations.
"If the budget cuts are allocated to the heads of the colleges, they'd be able to make the wisest decision, other than having an external power like the President and/or Chancellor," he said.
When it comes to specific program or staff cuts, Chancellor Ronnie Green has to come up with a proposal in the next few weeks.
"We are an efficient organization, can we find more efficiencies, we're sure going to work hard," said Pres. Bounds.