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Tell department about its debt?
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Recently took chair position in my university department. Turns out the books are a mess and we're over $1 mil in the hole. There is no easy or quick fix. University is cracking down and debts need to be repaid (over a few years). How much should I tell the faculty? How should I frame this? How the heck can I pull us out of debt that built up over 15 years?

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Posted
2 months ago