Stockton University has initiated a voluntary buyout program for employees. Professors and select managerial staff are currently eligible for the offer. This move aims to curb expenses and ensure the university's financial stability. The institution faces challenges including declining enrollment and proposed state aid reductions. Staffing costs account for 61% of Stockton's annual budget.
New Jersey
https://www.nj.com/atlantic/2026/05/nj-university-rolls-out-staff-buyouts-amid-lower-enrollment-proposed-aid-cut.html