Where Gov. Hobbs stands with UA, AZ Board of Regents on financial crisis

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Where Gov. Hobbs stands with UA, AZ Board of Regents on financial crisis
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Mikenzie Hammel joined the KGUN 9 team in the summer of 2023 as a multimedia reporter. She graduated from Arizona State University’s Walter Cronkite School of Journalism with her Bachelor’s and Master’s degrees.

Amid ongoing discussions on how to tackle the University of Arizona's financial crisis, Gov. Hobbs laid out some new expectations.- External experts to weigh in on improving financial processes- Resolving issues with the UA Global Campus and the U.S. Department of Education

University-wide layoffs are also on the horizon with UA President taking a 10% pay cut in the process.Hobbs said she wants leadership to assess the layoffs carefully, prioritizing those who work with class staff, are in-state employees, and have held positions for longer periods of time.“There is a long road ahead of us to fix the financial mismanagement and ensure the university emerges from this situation stronger than it was before," Hobbs said.

"Now is the time for ABOR and university leadership to step up to ensure that this situation is not just resolved, but resolved in a way that propels this university forward.”

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