UW-Madison Chancellor: University “In A Real Financial Crisis”

The chancellor at the University of Wisconsin-Madison says the state’s flagship campus is “in a real financial crisis.”

Chancellor Rebecca Blank blames the challenging situation the school faces as the fall semester approaches on the coronavirus pandemic. Blank says how bad things will get depends on factors like students who are enrolled for the fall semester actually showing up, how deep state budget cuts are, and whether lawmakers give the university the authority it needs to borrow money. Blank's comments were given Wednesday to the Rotary Club of Madison membership.