Wittenberg must cut and grow, president says - Tom Staffordy, Springfield News Sun

Wittenberg University President Laurie M. Joyner hoped to close the university’s $7 million projected budget shortfall over the next four years by cutting $5 million in expenses and generating $2 million in new income. The budget she’ll present to the board when it convenes Thursday has $4.5 million in cuts, which Joyner called “as much as we could at the moment.” She said the half-million dollar gap underscores of the other piece of the university’s financial balancing plan: “We really do have to grow.” Of the $4.5 million in savings by school year 2016-17, about $2.5 million will come from the elimination of 29 faculty positions and the benefits and operational expenses that go with them. http://www.springfieldnewssun.com/news/news/local/wittenberg-must-cut-and-grow-president-says/nXcdp/