MADISON, Wis. -- The president of the University of Wisconsin System warned Thursday that all but three of the four-year UW campuses will run at a deficit by the end of the 2023-2024 school year.
Only three universities -- UW-Madison, UW-La Crosse and UW-Stout -- will avoid running in the red, UW System president Jay Rothman told reporters Thursday afternoon.
MADISON, Wis. -- UW System President Jay Rothman said a recent report that ranked Wisconsin 43rd nationally in funding for four-year-universities was "discouraging."
Following a Wisconsin Policy Forum report last month that found the state ranks 43rd in per-pupil funding for four-year campuses, Rothman said "[s]upport for the UW System should not continue to fall further behind nationally if we are to be competitive and thrive economically."
The new @SHEEOed State Higher Education Finance report is out for the most recent year: public funding for @UWSystem is still among the lowest in the country, 42nd of 50 states. https://t.co/owGLkQd6Mn A thread 👇
While Rothman is relatively new to the role, he's hopeful something will come to pass.
"We have to move ourselves up. If we're going to be successful in winning the war for talent, we want them to remain accessible and affordable to students and prospective students," he said, "but we need the state to participate with us as well."
Failure to adequately fund the state's universities, he warned, would have ripple effects felt across Wisconsin.
"When we are at the bottom of public funding nationally, we can't fulfill our potential. And all Wisconsinites will suffer," he said.
Rothman also did not rule out the possibility of closing other campuses if the deficit issue isn't resolved. UW-Platteville at Richland in Richland Center is slated to close in July.
News 3 Now's Naomi Kowles contributed to this report.
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