Financial Woes in Florida Could Lead to Deeper Budget Cuts for State's Public Colleges

Florida's 11 public universities are bracing for a money crunch so severe that some higher-education leaders have started describing it as an "unnatural disaster."

A slumping housing market is forcing state lawmakers to propose overall budget cuts of $2-billion during the legislative session that begins next week. The university system is already running lean, with hiring and enrollment freezes that followed recent state-budget reductions. Predictions of even deeper cuts loom

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