Budget shortfall at SLU could mean layoffs, program cuts - Nassim Benchaabane, St. Louis Post-Dispatch

St. Louis University has instituted a hiring freeze as it mulls cuts to avoid being millions of dollars in the red come July. Details of the university’s budget woes are unclear. The university has not released any numbers and did not make anyone available to discuss the financial challenges, though SLU President Fred Pestello made it clear in an email to staff Monday that the university is expected to face budget shortfalls beyond next fiscal year. “Even more challenging, based on current assumptions, are our financial projections for fiscal years 2020 and beyond, with the possibility of substantial shortfalls,” he wrote. https://www.stltoday.com/news/local/education/budget-shortfall-at-slu-could-mean-layoffs-program-cuts/article_fdea4be2-1650-52a3-bc8b-2cb7db831b9c.html