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The Daily Tar Heel

Rachel Crumpler


'Another UNC Is Possible': Four-point plan calls for new approach to financial crisis

Another UNC is Possible is a plan to address the immediate financial concerns of the UNC System while facilitating an equitable transition toward a post-pandemic North Carolina.  Chancellor Kevin Guskiewicz previously announced that there will be a 7.5 percent cut to operating funds and a 1.5 percent cut to personnel funds to help eliminate the $100 million structural deficit the University is facing. UNC’s auxiliary units such as housing, dining and parking lost $97 million in revenue last spring and may lose as much as $200 million this year.


How the COVID-19 pandemic highlighted growing distrust in the University

Mimi Chapman, chairperson of the faculty, said the broad distrust that has emerged in recent months is partially due to a series of past events, like the NCAA scandal, Silent Sam and Title IX concerns. The erosion of trust that resulted from these events was never fully regained, and new University leadership has assumed the responsibility of repairing past harm while confronting new challenges. 


UNC System has plans for an internal bank, but the N.C. Treasury has doubts

The UNC System Office has plans to establish an “internal bank” in which it would provide loans for certain capital projects to its 17 institutions.  This would allow system schools to seek loans from the UNC System internal bank rather than borrowing money from private lenders. But the treasurer of North Carolina said he and his office have questions and concerns around the legality, necessity and accountability of creating an internal bank. Josh Ellis, associate vice president for Media Relations for the UNC System, said in an email that the internal bank would increase timely and flexible access to capital while lowering the cost of borrowing. 

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anti semitism on campus

Panelists Elyse Crystall, Michal Osterweil, Noah Rubin-Blose and Suzi Pietroluongo share their viewpoints on the recent controversy about The Conflict over Gaza conference and Palestinian rapper Tamer Nafar’s performance. Contributed by Jerry Markatos.

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