UW-Madison Chancellor: Losses Will Top $300M By Next Summer

The University of Wisconsin-Madison is telling its employees that total losses from the coronavirus pandemic could reach 320 million dollars by next summer. U-W-Madison Chancellor Rebecca Blank sent a letter to those workers spelling out the school’s financial troubles Monday. She says the university is short 24 million dollars in tuition and another 28 million in research grants. Blank says it has to give millions of dollars back to the state and U-W Athletics has lost millions more.