LINCOLN — The University of Nebraska Board of Regents recently approved two major higher education decisions affecting the state system: a $600 million renovation of Memorial Stadium and a set of academic program cuts at the University of Nebraska at Kearney (UNK). The stadium project, known as the “Big Red Rebuild,” will modernize Memorial Stadium with upgraded seating, concourses, and amenities while preserving its historic structure. Officials say the project will be funded through private donations and bonds, with completion targeted for 2028.
At the same time, regents finalized a separate round of cost-cutting measures at UNK, eliminating four degree programs as part of a broader $4.5 million budget reduction. The cuts were approved after officials cited low enrollment and systemwide financial pressures, with university leaders saying affected students will be supported through to graduation.