Enrollment down, deficit grows at St. Michael's - Lance Reynolds, the Defender

As the first semester quickly approaches its midway point, St. Michael’s College continues to face hard realities with its budget. The budget deficit continues to grow, said Rob Robinson, the chief financial officer and treasurer. “The deficit has grown each year over the past three,” Robinson said. “I believe and hope that the deficit will contract for the year that we are in. It’s too early to know for sure.” Offering a genuine college experience with a declining enrollment has become increasingly difficult for the college to balance. http://defender.smcvt.edu/?p=8579