Jan
14
The UW and the economic downturn
Posted on January 14th, 2009 under State Budget by Mark Emmert
Dear UW Alumni and Friends:
Of all those in our state, UW alumni and friends need least to be reminded of the value of education and a degree from the University of Washington. Therefore, it’s been no surprise that many of you have contacted me in recent weeks with concerns about the weakening economy and its impact on your University. I write now to let you know about the serious challenges the UW faces in light of the severe economic conditions and about some of our efforts to deal with them.
This is an extremely critical time for the future of our state. The economic downturn comes at a time when demand for higher education is at its highest. Last year, for example, we had the largest number of applicants to the University in our history — 20,000 for about 5,500 slots in the freshman class. It looks as if this year we will break that record.
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