Loyola makes budget resolutions - HASANI GRAYSON, the Maroon

Following a meeting by the university’s board of trustees, Loyola plans to raise the cost of tuition and housing to help balance the budget for the next academic year. For the 2013-14 academic year, room and board will increase 4.8 percent, tuition will increase 4.9 percent and there will be no increase in salary for professors. University president the Rev. Kevin Wildes, S.J.,said that the overall economic climate factored into Loyola’s decision “As we all know, we are in an economically challenged time across the nation,” he said in an email to university staff on Dec. 7. “Those challenges have had a palpable impact on both Loyola and on budgets of colleges and universities nationwide.” http://www.loyolamaroon.com/2.6710/loyola-makes-budget-resolutions-1.2804422