Monday, April 13, 2015

George Washington University lays off 46 employees - Nick Anderson, Washington Post

George Washington University disclosed Wednesday that it is laying off 46 employees as part of an effort to reduce administrative costs at the largest higher education institution in the nation’s capital. Last month, GW President Steven Knapp said that all administrative units had been asked to cut their budgets by 5 percent because of a shortfall in revenue related to declining enrollment in graduate and professional programs. GW has about 25,000 students, more than half in graduate and professional programs. As of fall 2014, it had 5,242 full-time employees. GW, with a sticker price of $60,550, also has one of the highest sticker prices in the country, joining 56 other schools charging more than $60,000 a year.

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