The question was this. You told the students last spring that you were just a couple of hundred thousand dollars away from having a balanced budget. Then in October you said your debt was about $7 million, with an impact of $5 million to $10 million from the pandemic. Then on April 2 you dropped this bombshell that you had only two choices: You were either going to shut the university, which had had 60 years of public investment, and walk away on it, or you had to do these massive cuts.
You're not telling us something here. Were you not aware that the debt was there, or were you using this process for other reasons—to cut your staff with your collective bargaining agreements? Why did you go from telling people that you were almost at a balanced budget to telling us that you had to shut the doors, and that took place in less than a year?