The University System of Maryland is planning cuts to operating expenses and capital spending, as well as personnel moves including hiring freezes, furloughs, temporary pay cuts and layoffs. The System is guarding against a drop off in revenue, including that from the state and federal government. The Board of Regents approved a freeze on tuition and fees in June. Institutions have nearly frozen new hires, eliminated vacant positions, cut discretionary spending and delayed construction projects and maintenance. USM Chancellor Jay A. Perman says he will take a 10 per cent temporary pay cut, acknowledging that employees will have to share the impact of the system’s fiscal peril.