Rutgers University is taking sweeping
cost-cutting measures to help the university address the immediate fiscal
challenges related to the COVID-19 pandemic and called for a budget for the
coming fiscal year with no increase in tuition and fees, according to Rutgers University
President Robert Barchi. He and the
university’s most senior leadership will take a 10 percent reduction in salary
and that other senior leaders will reduce their pay by 5 percent. The president
called for utilizing all appropriate reserve funds, as well as a freeze on all
new major construction projects, among other steps. President Barchi announced the cost-cutting
measures in a letter at the end of April to the members of the university’s
governing boards, faculty and administration. The changes follow other steps
the state’s flagship university has already taken, including a university-wide
hiring freeze, a ban on non-negotiated and out-of-cycle pay increases, and a
ban on all discretionary travel and other expenses. READ MORE








