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Richard Rubasmen will quit as president of Sierra Nevada College to help the college save money, The North Tahoe Bonanza reported. Non-faculty employees are having their salaries cut 5-10 percent as well, and the provost will assume the president's job. "I was tasked by the board with planning for financial sustainability in order to (ensure) the long term health of the college," Rubsamen said in a statement. "It was clear to me where reductions had to occur. While the idea of leaving the college is very difficult, it is the right thing to do. I need to lead by example and practice what we teach."