University of Nebraska-Lincoln

funding for farmers. The board of regents desperately campaigned to alumni and voters for support in the budget fight and was ultimately able to negotiate a more modest set of cuts for the 1933 and 1934 fiscal years. A slight recovery in crop prices before the next round of university funding in 1935 meant the state was willing to raise NU's budget back to what it was early in the Depression. In response to the lack of available state funds throughout the Depression, the University of Nebraska Foundation was established in 1937 to serve as the school's primary fundraising arm.
The lack of funding, reduction in salaries, and cancellation of many university events caused a sense of general tension between administration, faculty, and students throughout most of the decade. Though he took a salary cut himself, Burnett became distrusted by the faculty, and his reputation never fully recovered. He resigned in 1938, the same year Nebraska's student union opened on the corner of 14th and R Streets.
The board of regents …