Tuesday, October 18, 2016

Keene State College still facing economic squeeze - Times Argus

Happy financial days these are not for Keene State College. The public college finds itself in a position where it will likely see budget cuts for a second straight year. How deep and where those cuts could come from is not known, but over the next few years the college could have to decrease its spending by up to $7 million. “We’re doing what every responsible organization is doing,” Keene State College President Anne E. Huot said Friday. “We’re aligning expenses with our highest priorities, including providing a high-quality education for students, and our expected revenues.” The college’s revenues are driven predominantly by tuition, she said. Last year, the college had a small first-year class for the fall 2015 semester, which resulted in tuition received by the institution dropping, she said. That class needs to work its way through before the institution can stabilize tuition revenue, she said. http://www.timesargus.com/article/20161004/NEWS01/161009880/1003

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