Where’s the Money?

Did you know that over the life of the current UPI contract, NEIU has put 60 million dollars into unrestricted reserves?
Unrestricted Assets for Fiscal Year Ending in June
2009 $5,954,798.00
2010 $21,465,191.00
2011 $41,616,489.00
2012 $44,957,742.00
2013 $65,861,358.00

(Figures from the University’s audit reports.)

Why are we being told this university is in a financial crisis requiring cuts to instruction?