Friday, March 18, 2016

University of Missouri Announces Budget Cuts, Hiring Freeze - THE ASSOCIATED PRESS

An anticipated enrollment decline of 1,500 students following protests that roiled the University of Missouri has forced the college to cut general revenue budgets by 5 percent and institute a hiring freeze to help close a projected $32 million shortfall. Interim University of Missouri Chancellor Hank Foley sent a memo to the campus on Wednesday detailing the moves, the Columbia Daily Tribune ( reported. "I am writing to you today to confirm that we project a very significant budget shortfall due to an unexpected sharp decline in first-year enrollments and student retention this coming fall," Foley wrote in the memo.

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