Levy, the Andrew Hays Buchanan Professor of Astrophysics at Rice, said in an interview that the press was costing $150,000 to $200,000 a year.
In other words, a drop in the university's budget. I'm sure the provost made a lot more than that, as does the athletic department's many coaches. But, cut the academic stuff! After all, as long as we have an administration and a sports program, we can pretend to be a school!
Maybe it's time that schools take a long look at why the exist; they should have a purpose statement somewhere. I'll bet it doesn't say anything about being financially profitable! But, schools are being run like businesses, with the resulting closure of "under-performing" departments. Scandalous! And, like businesses, the administrative wing is multiplying like rabbits...