Southern Oregon University faces financial crisis

Southern Oregon University is currently facing a financial emergency. The current budget for the institution is roughly $71 million, but cuts need to be made to drop that number to $60 million. President Rick Bailey points to a number of factors contributing to the crisis, including the lack of state support and actions from the Trump administration. Bailey’s new proposal to cut costs includes declaring a financial exigency that could impact more than 60 employees and possibly result in cutting 15 academic majors. Bailey joins us to share more on the financial state of the institution.