Tuesday, October 8, 2019

Morehouse Cuts Its Costs - Rick Seltzer, Inside Higher Ed

For the next nine months, the historically black college in Atlanta will not match retirement contributions for employees, The Atlanta Journal-Constitution reported. Morehouse will also have a monthly furlough day for most professional staff and faculty members. The college’s president, David A. Thomas, said he is among those affected. A “small amount” of staff members are to be replaced as well, according to the Journal-Constitution. The $3 million in targeted savings is to be put toward paying down $5 million in unpaid tuition and fees owed by current students.

https://www.insidehighered.com/quicktakes/2019/09/26/morehouse-cuts-its-costs

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