Omaha, Nebraska 2021-07-20 16:15:01 –
Longtime NU regent Bob Fares said he would not seek a fourth term in 2022.
Fares, who represents western Nebraska, said serving on the board of directors at the University of Nebraska was one of the greatest honors of his life.
Fares, now Vice Chairman of the Board, said he has been working to keep tuition affordable, attract talented students to college, and create synergies with business in ways to grow the state’s economy. Told.
He has been on the board for 15 years, during which time the annual tuition increase dropped from 8% to 3.5%, making NU the lowest state tuition in Big Ten schools.
Fares was elected mayor of North Platte at the age of 28. He was president and owner of Fares Financial Services, a North Platte financial planning and insurance company. He is now half retired and his son is the president of the company.
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Longtime NU Regent Bob Phares will not seek reelection | Education Source link Longtime NU Regent Bob Phares will not seek reelection | Education