The University of Oregon began new austerity steps—including a hiring and pay freeze—to cut $65 million from its budget after projecting significantly lower first-year out-of-state enrollment. In a May 14 message to the university community, President Karl Scholz tied the measures to a plan to invest in research strengths and the student experience while avoiding an ongoing annual deficit. The austerity package caps nonessential travel and reduces staffing growth as leaders assess near-term revenue risks. Scholz said out-of-state tuition—about 80% of the university’s education and general fund, with nonresident enrollment comprising 47.1% of the fall 2025 student body—has been a major subsidy for resident education costs. The president attributed expected enrollment declines to demographic shifts, political disruption of international enrollment, increased competition, declining trust in higher education, and economic uncertainty, warning that smaller cuts may not prevent future rounds. The move signals how fast revenue forecasting is driving operational decisions at major public universities.