LARAMIE, Wyo.—With the start of the fall semester Monday, University of Wyoming administrators began focusing on four institution-wide priorities and launching several construction projects.

LARAMIE, Wyo. — Not since Ronald Reagan occupied the White House, MTV was in its infancy and Olivia Newton-John’s “Physical” topped the Billboard charts have Americans faced the sticker shock that’s become part of daily life. As prices climb for everything from eggs to electricity, inflation is hovering at the highest levels in 40 years.