GA Colleges Get Massive Budget Cuts

Oct. 14, 2008

ATLANTA, Ga. (WXTX)--- The state Board of Regents has approved a $136 million budget cut for the state's 35 colleges and universities this year.

At a meeting this morning, the board accepted the six percent reduction plan.

The cuts are part of a statewide plan to deal with an estimated $1.6 billion budget shortfall.

Some lawmakers worry the deficit could be worse if tax revenues continue to lag.

For colleges and universities, the cuts mean freezing hiring and travel, not replacing old equipment, cutting the number of books and magazines in libraries and delaying new academic programs.