Saturday, June 27, 2015

Gordon College reports $3.8 budget shortfall, layoffs - PAUL LEIGHTON, Salem News

Declining enrollment could force Gordon College to lay off employees before the end of the month, a college spokesman said Friday. The number of incoming freshmen has fallen short of projections for the last two years, leaving the college $3.8 million short of its budget projections, spokesman Rick Sweeney said. “Because we don’t want to be adding the burden to families (through higher tuition), if you’re not meeting revenues, you have to look at reducing your expenses,” Sweeney said. “We’re trying to do that as painlessly as possible.” http://www.salemnews.com/news/local_news/gordon-college-reports-budget-shortfall-layoffs/article_dd0668c1-3a1b-57ce-8a7f-2ceda44c675d.html

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