The first step in building any future is evidently to dig a hole.
Let’s see: $110 million for the Engineering building (funding still incomplete); $4 million for renovating the Akasofu building; $28 million for expanding the Wood Center; $88 million for the Life Science building; $245 million for a new power plant… etc. etc.
So over the past year UAF has spent almost half a billion dollars building stuff, and now have to slash $12 million from their budget. Near as I can tell the only financially sound career UAF is advancing these days (or practically investing in) is in construction.