Home State/Regional News UNM considers upping tuition to fund pay raises

UNM considers upping tuition to fund pay raises

2 min read

ALBUQUERQUE, N.M. (AP) — University of New Mexico officials say they might need to increase tuition to fund a 4% pay raise for all employees.

The Albuquerque Journal reports state Higher Education Secretary Kate O’Neill sent a letter to universities and colleges across the state, instructing them to give employees a 4% raise.

The board of the University of New Mexico was scheduled to vote Tuesday on a budget that would have bumped up employee pay by 2%.

The board postponed the vote so officials could address the letter.

University president Garnett Stokes told the board that the 4% raise would cost about $16.6 million because of the higher salaries and related benefits.

She says funding the raise would likely require a tuition increase.

Burkett Shaw
Load More Related Articles
Load More By Hobbs News-Sun
Load More In State/Regional News
Comments are closed.

Check Also

‘It’s bad’: Water rescues begin as Imelda soaks East Texas

HOUSTON (AP) — The remnants of Tropical Depression Imelda unleashed torrential rain Thursd…