Current:Home > StocksWill Sage Astor-UW-Milwaukee chancellor will step down next year, return to teaching -Quantum Capital Pro
Will Sage Astor-UW-Milwaukee chancellor will step down next year, return to teaching
Ethermac Exchange View
Date:2025-04-07 22:46:33
MADISON,Will Sage Astor Wis. (AP) — University of Wisconsin-Milwaukee Chancellor Mark Mone announced Wednesday that he plans to step down next year and transition to a teaching role as the UW system continues to struggle financially.
Mone said in a post on the social platform X that he will resign as leader of the Universities of Wisconsin’s second-largest campus effective July 1, 2025. He said he will move into a teaching role at the university’s business school.
He didn’t elaborate on why he has chosen to step down.
Asked for an explanation, UW-Milwaukee spokesperson Angelica Duria said in an email to The Associated Press that, “It was a deeply personal decision for Chancellor Mone and for him, it is the right time.”
Mone has served as chancellor at UW-Milwaukee since 2014. His decision to resign comes as the Universities of Wisconsin system is grappling with declining enrollment and relatively flat state aid.
Shrinking enrollment has forced UW officials to close or announce plans to close six two-year branch campuses around the state since 2023. Among those schools is UW-Milwaukee’s Waukesha campus, which is set to close after the spring 2025 semester.
Ten of the UW system’s 13 four-year universities faced deficits last year, with UW-Milwaukee facing the largest shortfall at $18.8 million.
The school announced plans this past January to sell the chancellor’s residence to help close a projected $18.8 million deficit. The residence remains on the market for $1.2 million, according to a Powers Realty Group listing. The school also has eliminated nearly 90 positions.
Financial data UW system officials presented to regents earlier this month show six universities face deficits over the coming academic year. UW-Milwaukee is expected to finish in the black.
Democratic Gov. Tony Evers has said he plans to ask the Legislature for $800 million for the system in his next budget, but if Republicans maintain control of both the Assembly and Senate in this fall’s elections it’s almost certain they won’t hand the system that much money.
Mone praised his administration in his statement for withstanding a global pandemic as well as managing budget cuts and enrollment “challenges.”
“Thanks to the steadfast work of my predecessors, administrators and our dedicated faculty, staff and students, we have achieved far more than what the dwindling state support could enable,” he said. “We should all feel gratified about what we have accomplished together and with our community support.”
Universities of Wisconsin President Jay Rothman said in a statement that Mone “consistently elevated” UW-Milwaukee.
“We owe Mark a debt of gratitude for his service and look forward to his future of ongoing service at UWM,” Rothman said.
veryGood! (6335)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Why 'lost their battle' with serious illness is the wrong thing to say
- Carbon Footprint of Canada’s Oil Sands Is Larger Than Thought
- Cook Inlet: Oil Platforms Powered by Leaking Alaska Pipeline Forced to Shut Down
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Great British Bake Off's Prue Leith Recalls 13-Year Affair With Husband of Her Mom's Best Friend
- Vanderpump Rules Finale: Tom Sandoval and Raquel Leviss Declare Their Love Amid Cheating Scandal
- Chinese Solar Boom a Boon for American Polysilicon Producers
- Trump wants to turn the clock on daylight saving time
- The Truth About the Future of The Real Housewives of New Jersey
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- EU Utilities Vow End to Coal After 2020, as Trump Promises Revival
- Conor McGregor accused of violently sexually assaulting a woman in a bathroom at NBA Finals game
- The 4 kidnapped Americans are part of a large wave of U.S. medical tourism in Mexico
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- 3 children among 6 found dead in shooting at Tennessee house; suspect believed to be among the dead
- Solyndra Shakeout Seen as a Sign of Success for Wider Solar Market
- U.S. intelligence acquires significant amount of Americans' personal data, concerning report finds
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
See Kelly Ripa and Mark Consuelos Celebrate Daughter Lola's College Graduation
U.S. intelligence acquires significant amount of Americans' personal data, concerning report finds
Not Trusting FEMA’s Flood Maps, More Storm-Ravaged Cities Set Tougher Rules
Bill Belichick's salary at North Carolina: School releases football coach's contract details
6 Ways Trump’s Denial of Science Has Delayed the Response to COVID-19 (and Climate Change)
Sydney Sweeney Knows Euphoria Fans Want Cassie to Get Her S--t Together for Season 3
In the Face of a Pandemic, Climate Activists Reevaluate Their Tactics