President Cross Statement on Joint Finance Committee budget vote
MADISON, Wis. – University of Wisconsin System President Ray Cross issued this statement today: “Today’s vote was a missed opportunity and shortsighted. The UW System is the best investment the state can make to develop its workforce and attract and retain talent. The UW System budget is reasonable, specific, and responds to workforce needs. We need at least $60 million to keep up with inflation alone; the motion would provide $45 million with significant strings attached. By not addressing these financial challenges, we are severely hamstrung in our ability to continue to grow vital programs and high-need fields that the people of Wisconsin expect and demand.” The University of Wisconsin System serves more than 170,000 students. Awarding nearly 37,000 degrees annually, the UW System is Wisconsin’s talent pipeline, putting graduates in position to increase their earning power, contribute to their communities, and make Wisconsin a better place to live. More than 80 percent of in-state UW System graduates stay in Wisconsin five years after earning a degree. The UW System provides a 23:1 return on state investment. UW System institutions also contribute to the richness of Wisconsin’s culture and economy with groundbreaking research, new companies and patents, and boundless creative intellectual energy.
MADISON, Wis. – University of Wisconsin System President Ray Cross issued this statement today: “Today’s vote was a missed opportunity and shortsighted. The UW System is the best investment the state can make to develop its workforce and attract and retain talent. The UW System budget is reasonable, specific, and responds to workforce needs. We need at least $60 million to keep up with inflation alone; the motion would provide $45 million with significant strings attached. By not addressing these financial challenges, we are severely hamstrung in our ability to continue to grow vital programs and high-need fields that the people of Wisconsin expect and demand.”
The University of Wisconsin System serves more than 170,000 students. Awarding nearly 37,000 degrees annually, the UW System is Wisconsin’s talent pipeline, putting graduates in position to increase their earning power, contribute to their communities, and make Wisconsin a better place to live. More than 80 percent of in-state UW System graduates stay in Wisconsin five years after earning a degree. The UW System provides a 23:1 return on state investment. UW System institutions also contribute to the richness of Wisconsin’s culture and economy with groundbreaking research, new companies and patents, and boundless creative intellectual energy.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.
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