St. Louis University attempts to tackle future budget challenges - Wolf Howard, University News

As institutions nationwide continue to seek ways to adapt to mounting fiscal challenges in higher education, Saint Louis University is in the process of creating and implementing a number of new programs that aim to cut university expenses while increasing fundraising, enrollment and retention, according to Interim President Bill Kauffman’s March 7 letter to the University community. Included among these initiatives are the Voluntary Enhanced Retirement Program (VERP), the introduction of an accelerated undergraduate-to-law degree program and an online giving challenge aimed at younger university graduates. The VERP, which was first announced in Kauffman’s Jan. 23 letter, is an early retirement initiative which is being developed in an attempt to combat rising compensation and general expenses while facing a decrease in the rate of enrollment. http://unewsonline.com/2014/03/21/slu-attempts-to-tackle-future-budget-challenges/