"Johnsen has described the cut as “devastating” and “draconian,” and said it could result in the closing of campuses, slashing of degree programs and the elimination of at least 1,000 university jobs."
"Johnsen, the UA president, has estimated the $135 million budget cut this year will be more like $200 million when costs, including lost tuition and grants, are factored in. There are “very real additional ripples, or tsunamis perhaps, as a result of the state’s actions,” Johnsen has said."
https://www.adn.com/alaska-news/education/2019/07/13/despair-rage-university-of-alaska-community-braces-for-big-budget-decisions-ahead/