MU announces plan to cut costs and boost faculty salaries

Monday, July 9, 2007 | 1:15 p.m. CDT; updated 12:51 a.m. CDT, Sunday, July 20, 2008

MU announced today that it is launching a three-year financial plan to cut costs and increase faculty salaries. MU Chancellor Brady Deaton said in a statement that the new plan, Compete Missouri, will allow MU to maintain its ability to offer high-quality educators to an ever-expanding student body. Deaton said the financial plan, which will also address rising energy and compliance costs, is instrumental to MU’s future.

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