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The Michigan Daily
Vol. XCII, No. 62-S
Ninety-two Years O] editorial Freedom
Edited and managed by students
at the University of Michigan
For a rainy day
THE STATE'S recent decision to defer $8
million in aid to the University is yet
another stunning example of shoddy budgetary
planning in Lansing made worse by a coughing
and sputtering economy. Clearly something has
to be done to prevent further aid cuts from
weakening universities.
Since the fiscal year began in October of 1981,
the state has reduced its planned funding to the
University by $11 million and deferred an ad-
ditional $30 million until the next fiscal year.
Some are speculating now that the University
will receive very little if any of the deferred
funds.
The effect of all the cuts and deferments adds
up simply to a deteriorating institution. Tuition
is going up, faculty and staff salaries are not
keeping up with inflation, and programs are
being cut.
If the state cannot plan its resources effec-
tively and must continually cut from higher
education throughout the fiscal year, then the
state needs to implement some kind of a "rainy
day fund'' for such institutions, as former
gubernatorial candidate Edward Pierce
suggested. During good economic times, money
could be channeled into the fund and used when
a constricting state budget necessitates it.
Quite obviously, better planning and greater
funding is needed from the state budgetary of-
fice. But when the economy turns sour, for
which the state has shown itself incapable of
planning, some kind of alternative funding is
needed to prevent the kind of large-scale cuts
witnessed this year.
Saturday, August 14, 1982
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Peter Sinclair, a 1975 graduate of the University, has
been lampooning politics and political figures for the
Daily for more than six months. As a special treat at
the end of the summer, here are some of his best.
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