Southern Oregon University has a challenging financial path ahead as it deals with declining enrollment. SOU president Rick Bailey told faculty and staff on Tuesday morning that the university is facing a nearly $5 million deficit in the coming year. He said the number will increase dramatically in the coming years if action is not taken. “To be very frank with you, I’m looking at, three years from now, a $13 million, four years from now, a $14 million gap. I think our target in terms of programmatic changes is likely at the $13 million mark,” Bailey said.
