UM cost-cutting to help faculty

Salary increases are intended to make UM schools more competitive.
Tuesday, May 1, 2007 | 12:00 a.m. CDT; updated 2:29 a.m. CDT, Sunday, July 20, 2008

In an effort to raise the average faculty salary and increase its competitiveness, the UM System Board of Curators has asked the chancellors at each of the four UM campuses to identify ways to cut costs by 1 percent every year for at least the next five school years.