Saturday, January 30, 2016

Webster University expecting budget shortfall of around $7 million - Kavahn Mansouri, Webster Journal

Webster University expects a budget shortfall of around $7 million, President Elizabeth Stroble told faculty Tuesday. She said the university will have to make budget cuts during the remainder of the spring semester. This is the fourth consecutive year Webster’s budget has come up short. Stroble attributes the university’s latest shortfall to decreasing enrollment, a trend that has been present in each year of shortfalls since 2012. Stroble said the university’s loss of students came primarily from outside of the Webster Groves campus at extended campuses. She said recultivating declining enrollment at some locations would be difficult. http://websterjournal.com/2016/01/20/webster-university-expecting-budget-shortfall-of-around-7-million/