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New Contract Extends Carter's U of N Tenure Trough 2027

The president of the University of Nebraska -- Ted Carter -- has been given a contract extension through 2027. The university's board of regents approved the new contract for Carter, whose contract was set to expire in 2024. The new contract gives Carter a three percent pay hike and brings his annual salary to 964-thousand dollars. The board also approved a new budget for the university system for 2023 through 2025, which includes a three percent funding increase each year.