Suffolk University Freezes Salaries for a Year Due to Drop in Revenue, Dip in Enrollment - Jaleesa Baulkman, University Herald

Suffolk University in Massachusetts announced that it is freezing salaries for the next fiscal year, the Boston Globe reported. The private institution, which is facing a $11 million drop in budgeted revenue and a dip in enrollment, is seeking to contain costs while stepping up efforts to recruit students. The school's Board of Trustees approved the budget for the next fiscal year in May. The budget begins July 1. "We continue to build for the future; therefore this budget was created with an emphasis on investing in our students while containing costs to minimize tuition increases," university President James McCarthy wrote in a message to employees last week according to the Boston Globe. http://www.universityherald.com/articles/9880/20140611/suffolk-university-freezes-salaries-for-a-year-due-to-drop-in-revenue-dip-in-enrollment.htm