How does a school cut $25 Million in expenses in one year is a good question. That's a lot of money.
$25 million in cuts they will need to do divide that by the number of students full time it comes out to: $2,400 per student.
Or in other words each full time* student would need to pay an additional $2,400 per year for the University to continue to operate the way it was this (or last) year.
*or $1,600 each for full and part time students.