From the Cronie of HiEd (read it before the 27th if you don't have a password).
I suspect that Oregon is previewing SIU's future as well. Society can't figure out why it should fund public universities all across the country and is going to leave the funding to the students and others that get a direct benefit.
When we apply this to SIU, I suspect that SIU could/should layoff about 25% of all employees and retire about half with new people and have a much better result. College professors have the best jobs in America according to a nation survey and have been number 1 or 2 for many years. Tenure and union contracts protect many people should be fired. Retirement is for life and includes full health care. Everyone can see this story fairly clearly.
When I moved back to Carbondale six years ago, a friend told me that this was going to happen. He told me that the state legislature knew how fat the universities were and were going to stop increasing their money until they got it together. That is exactly what has happened. The USA is a wonderfully efficient machine. We all know that the results from the universities aren't good enough. The universities have become places that pander to the employees and don't serve the society well enough. The free money is going away, until things change.
A signal that enough money has been removed from the university system might be when professors don't have one of the top 10 best jobs anymore?