"At the University of Connecticut, the current estimate is that it faces a $70 million deficit for fiscal year 2025 in addition to a $29 million hole for UConn Health, the institution’s health care system and hospital. As a result, administrators are laying out a plan that would reduce the university’s operating budget by a cumulative 15% over the next five years. The plan begins with a 3% cut next year, followed by additional annual reductions of 4%, 3.5%, 2.5% and 2% through fiscal year 2029."
https://www.forbes.com/sites/michaeltnietzel/2024/01/23/three-more-major-universities-reveal-plans-for-major-budget-cuts/?sh=2be6ede56441