Alverno College declared financial exigency, reducing undergraduate majors to 29 from 43, graduate programs to 19 from 25, and eliminating 25 full-time faculty positions and a dozen full-time staff positions.
The college expects a $9 million deficit for the current academic year, the fifth deficit in six years, amidst financial struggles faced by many higher education institutions in Wisconsin.
Wisconsin colleges, including private nonprofits and universities, have been grappling with significant deficits, leading to the closure of branch campuses and financial challenges.
[
Collection
]
[
|
...
]