Drake University is planning to make cuts to its academic programs and other areas of university operations as it grapples with a budget deficit in the millions. Provost Sue Mattison announced the plans at a recent faculty senate meeting. According to a draft of meeting minutes, she pointed to the university’s operating budget as the main cause of deficits, with a balance sheet boasting significant assets and low debt. All units of the university have made budget cuts to lower the deficit, including non-personnel expenses that have curtailed professional development and travel opportunities.
