In March, several universities announced significant layoffs and program cuts as they grappled with financial challenges. Institutions like the University of Dayton and Wagner College aim to navigate budget holes created by dwindling student enrollment and reduced state funding. Dayton seeks to save $25 million over three years by cutting 65 positions, while Wagner plans to phase out 21 academic programs which could impact 40 faculty members. Kent State University is also reducing staff and majors to align better with its evolving financial landscape, indicating a shift toward financial sustainability in higher education.
The University of Dayton has announced cuts affecting 65 employees, aiming for financial sustainability. Total projected savings from these cuts stand at $25 million over three years.
Wagner College plans to phase out up to 21 programs and may affect 40 full-time faculty members. This decision is in response to recent enrollment declines.
Kent State University will eliminate up to 30 administrative positions and nine majors as part of an approved academic realignment to streamline operations.
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