SU financial plan approved - KORAN ADDO, the Advocate

The Southern University Board of Supervisors voted 10-5 on Friday afternoon to approve a financial redesign plan that supporters say could give the university a path forward during tough economic times. The plan by Southern University system President Ronald Mason is a multipronged approach, which includes adding online course offerings and consolidating campus services under the system umbrella. Mason said those actions will create efficiencies and generate revenue. Mason has argued that Southern needs to take immediate action to reverse its financial fortunes. State government has slashed the university’s budget by about 48 percent during the past several years, he said. http://theadvocate.com/home/4254014-125/su-financial-plan-approved