Over half of the private colleges in Wisconsin had budget shortfalls at the end of the 2022-23 school year, and many are focusing on in-demand fields such as computer science, AI and health care to turn things around.

Universities of Wisconsin President Jay Rothman and Regent President Amy B. Bogost praised Schmidt, who took office in July 2013, for his tenure leading UW-Eau Claire. “The UWs greatly ...