Students, athletes, professors uncertain UA declares a financial emergency

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The University of Alaska Board of Regents knew Monday would not be an easy day.

"It's a difficult decision and obviously no board of regents ever wants to make that decision but we must make it," said regent Mary Hughes.

In a 10-1 tally the Board of Regents voted in favor of "financial exigency" meaning the university system is in a budget crisis requiring administrators to consider cutting its staff and programs. The move is an effort to deal with a $136 million cut in state funding to UA.

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