SOU president takes pay cut amid university’s ‘severe financial situation’By Jane Vaughan (Jefferson Public Radio)July 31, 2025 8:34 p.m.SOU’s current budget is about $71 million, but President Rick Bailey says they need to work toward a $60 million budget.📨 Daily news in your inboxSign up today for OPB’s “First Look” – your daily guide to the most important news and culture stories from around the Northwest.EmailPlease leave this field blankSign up