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Virginia Tech Journal Cut: Almost $900,000

The Virginia Tech University Libraries will reduce journal subscriptions by almost $900,000 in the 2009-2010 budget year.

Here's an excerpt from "Library to Cut Nearly $1 Million":

Hitchingham [Dean of University Libraries] said that the university must cancel $500,000 worth of subscriptions to accommodate library budget cuts. They must also cover $400,000 worth of cuts to meet inflationary cost increases.

This entry was posted on Friday, March 20th, 2009 at 1:02 pm and is filed under ARL Libraries, Higher Education Budget Cuts, Scholarly Journals, Serials Crisis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Virginia Tech Journal Cut: Almost $900,000”

bill Says:
March 20th, 2009 at 3:21 pm
According to ARL stats (http://www.arl.org/stats/annualsurveys/arlstats/arlstats07.shtml) — if I have the right “Virginia Tech” and there aren’t multiple entities with that name — these cuts amount to about 16% of 2006-7 serials expenditure. Those were the latest numbers I could find but I doubt that VT libraries have increased their serials spending dramatically in the meantime, so we’re still looking at well over 10%.

Damn.