What’s 2.5%, anyway?

Most of the media has elided the true nature of the proposed reduction by emphasizing that the cuts are roughly a 13% reduction in state aid. So they are. But most of the UW’s revenue does not come from the state government. Much of the media has framed the story to imply that the UW campuses will have 13% less money to do what they do.

That is just false. The reduction in state aid amounts to 2.5% in revenue. That is how much less the UW will have to spend. I am sure that a cut of that magnitude will be felt, but it is simply not existential.

Via The UW will live @ Shark and Shepherd.