My question with the budget cuts is will they do the right thing with them? Sadly, in academia, they often behave like everyone "should share the pain." That is terrible business thinking. You need to look at what you are good at, what programs are succeeding and generating graduates/income, and do everything to protect them. Then, find those programs that are not and shut them down. This is terrible for those with job there, but they are going to destroy their great programs if they don't make tough decisions.

Here is a real example. I know of 12 month contract faculty, with signed contracts, forced onto 9 month appointments in a highly successful program area. So in other words, their income was cut by 25% and any students they work with over the summer for on the job training, is eliminated. Is that a good way to attract the beat and brightest faculty? What does this do to the educational experience students are paying for? You just can't go on like this, and this happened with the last budget cut. That program is in serious accreditation risk at this point....