Updated: 05/20/2014 5:31 PM
Created: 05/20/2014 4:36 PM KSTP.com
By: Cassie Hart
A day after the University of Minnesota president called a report involving its finances "flat out wrong", that report was taken down.
The report from the Institute for Policy Studies ranked the U of M the third worst offender for high administrative costs, and faster than average increases in student debt.
In a written statement, Kaler strongly objected to the study's conclusions: "The University has made significant strides increasing financial aid, holding the line on tuition and reducing administrative costs. Unfortunately the report does a disservice to these important issues with its lack of rigor and scholarship."
IPS replaced the report on its website with a statement saying it is reviewing the data released in the report. They also went on to say, they will issue a revised version after any necessary corrections are made.