UNLV Warns Faculty of Looming 'Fiscal Collapse'

Nevada education is facing a "state of fiscal collapse," and the University of Nevada at Las Vegas faces budget cuts so large that it will likely have to declare "financial exigency," officials told faculty members Tuesday, The Las Vegas Sun reported. Such a declaration could lead to layoffs of tenured faculty members and the elimination of entire programs. UNLV has faced about $50 million in cuts over the last four years, but may face another $47 million over the next year. The Las Vegas Review-Journal reported that Provost Michael Bowers appeared to be on the verge of breaking down during his talk, saying, "I never thought this day would come."