An End to the Lavish Era of $200,000 Inaugural Galas

Recessions tend to temper ambitions, and it appears that even inaugural ceremonies may be on the chopping block at some colleges. The galas can be lavish, sometimes running up tabs of more than $200,000. But the University of North Carolina at Greensboro is getting creative to keep the cost of its coming inauguration down to just $22,000.

Linda P. Brady, the university's chancellor, was formally installed last week. Citing the economy and systemwide budget cuts, Ms. Brady asked Erskine

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