The CSU Chancellor's retirement comes as the system deals with severe budget cuts, increased student tuition and friction with faculty unions. But Chancellor Charles Reed says he's not retiring to avoid dealing with difficult issues.
REED: "we've been dealing with tough issues for the last six
or seven years, it doesn't seem to get any better, and I am not
optimistic out into the future that things are going to turn around
that fast"
The 70-year-old says over the past four years he's guided the system through more than a $1 billion in state budget cuts while addressing increased enrollment. Chancellor Reed says he'll stay on until a replacement is named by the CSU Board of Trustees.
Listen to Chancellor Reed interviewed by Marianne
Russ
