Purdue University President Mitch Daniels is eliminating merit raises for administrators earning more than $50,000. The move will apply to senior administrators, deans, and administrative and professional staff. Daniels says it will save the university $5 million over the next two years. He says Purdue will announce additional cost-cutting moves in the next few weeks. Daniels became Purdue's president in January after completing two terms as Indiana's governor.