University of North Texas President Harrison Keller warned that the university faces a $45 million structural deficit driven by reduced state appropriations and a steep decline in international graduate enrollment. Keller said UNT lost about $16 million through state formula funding and reported that visa disruptions prevented thousands of admitted students—admitting about 2,700 master’s students who could not attend, leaving a net loss of roughly 2,500 international students. To reduce the gap, UNT has already cut more than 70 low-enrolling academic programs and is planning additional organizational and academic restructuring aimed at completion by next fall. Keller said leadership is also slowing hiring and pursuing efficiency measures as the university works to stabilize finances. The interview highlights how enrollment volatility tied to immigration and funding formulas is reshaping institutional planning, with Keller projecting the deficit could be resolved by fiscal year 2028 if corrective steps hold.