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University of Saskatchewan president explains its financial challenges

SASKATOON - The president of the University of Saskatchewan says the school is not in financial trouble despite layoffs, program cuts and a projected $3.3 million operating deficit. The university expects to eliminate up to 200 positions by the end of June. Ilene Busch-Vishniac (bush-VIZH-nee-ak) told the Saskatoon Chamber of Commerce that without belt-tightening the university would be about $44 million in the red within a few years. She says the university is also trying to resolve problems with its College of Medicine, which is under probation.
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