MADISON, Wis. – University of Wisconsin System President Tommy Thompson issued this statement today:
“By not extending the $45 million annual budget reduction and by not further mandating a tuition freeze, the budget committee offers the UW System flexibility to develop talent, generate life-changing research and deliver the education students expect and families deserve. Besides its people, the University of Wisconsin is the state’s greatest asset and we will never relent on our efforts to improve the lives of every citizen in Wisconsin by making the UW System the best it can be.”
UW System Board of Regents President Andrew S. Petersen issued this statement today:
“This budget provides the ability for UW System to better manage its responsibility of providing a world-class education. Ending a budget lapse saves the UW over $90 million in the two-year budget and enabling the Board of Regents to be accountable for tuition is a positive development in the relationship between the UW System and the legislature.”
The University of Wisconsin System serves approximately 165,000 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. Nearly 90 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.