"We're in a real financial crisis," UW-Madison Chancellor Rebecca Blank said. "We are right now estimating $150 million shortfall if we have a full student body, all paying expected tuition." Additionally, Chancellor Blank highlighted the severe budget cuts from the state including the $47 million lapsed budget from early May for the UW System plus the pending $250 million round state budget cuts which may further impact the system. Despite the financial crisis and barring any extreme changes with COVID-19, UW-Madison is reopening in the fall with a full curriculum that institutes both virtual and in-person learning with safety precautions put in place.

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