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Thursday, June 15, 2017

Statement from Twin Cities Deans on FY 2018 Operating Budget

Submitted to the Board of Regents by Valery Forbes, Dean of the College of Biological Sciences, Chair of the Twin Cities Deans Council; and John Coleman, Dean of the College of Liberal Arts, Vice Chair of the Twin Cities Deans Council, June 13, 2017

On behalf of the Twin Cities Deans’ Council we would like to use this opportunity to support President Kaler’s recommended FY 2018 Annual Operating Budget that includes a 3% increase in resident undergraduate tuition and a 10% increase in undergraduate non-resident/non-reciprocity tuition rates for the Twin Cities Campus. The recommended tuition increases ensure that we will be able to maintain cutting-edge educational opportunities for our students and recruit and retain field-shaping faculty at the University of Minnesota. Our recruitment environments are highly competitive and national and international in scope, and we face increasing pressures to retain our faculty. When we lose faculty due to resources, we typically “lose at the top,” meaning it is the most prestigious faculty members that are most at risk of moving. All of our missions, from education to research to outreach and engagement, depend crucially on recruiting and maintaining world-class faculty.

We understand the concerns expressed by many about the cost of education, and in all of our colleges we continually reexamine our processes to improve our efficiency. We have also, in the interest of cost savings, had to make real cuts to mission support and in some cases mission. Although we aim to minimize the negative consequences of these cuts in delivering excellence in instruction, research, and public engagement, cumulatively they will have that effect. The TC Deans would welcome the opportunity to engage with President Kaler, the Board of Regents, and other University leadership to develop a strategy that supports long-term financial stability of the University without compromising on the excellence of our programs and activities.