© 2022 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
WKAR News

MSU Pres. Stanley, Other Officials Take Pay Cuts

Samuel Stanley Jr. photo
Courtesy photo
/
MSU President Samuel Stanley Jr. is taking a 10% temporary salary cut.

Top officials at Michigan State University are taking temporary pay cuts as part of MSU’s response to the financial impact of COVID-19.

In an email to the MSU community, President Samuel Stanley Jr. says all university executives are taking pay cuts ranging from 2 to 7 percent, based on pay levels, through May or June. He adds that the cuts could be in effect for a year, and that he is taking a 10 percent cut in his salary as president.

Travel expenditures are being slashed, and construction and remodeling projects will be delayed or modified.

Stanley estimates that revenue reductions and real costs related to the pandemic are already $50 to $60-million dollars.

The president also says enrollments and deposits for incoming students are tracking near last year’s levels, but that he expects international student enrollment to be affected.

Related Content
News from WKAR will never be behind a paywall. Ever. We need your help to keep our coverage free for everyone. Please consider supporting the news you rely on with a donation today. You can support our journalism for as little as $5. Every contribution, no matter the size, propels our vital coverage. Thank you.