Thread regarding Catholic University of America layoffs

"Catholic University faces $30M ‘structural deficit’ amid higher education headwinds"

“Our current deficit requires decisive action, and while the necessary changes will not be easy, they are essential to preserve and strengthen our university’s mission,” he said, adding that “this once-in-a-generation restructuring is about positioning Catholic University for future growth.” Neal also pledged to maintain “transparency throughout this difficult process.”

https://catholicreview.org/catholic-university-faces-30m-structural-deficit-amid-higher-education-headwinds/

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Only a few months ago the university was celebrating the conclusion of a capital campaign that it claimed had raised half a billion dollars. Now this? Were the capital campaign donations an illusion?

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