Post by Logan on May 14, 2016 0:29:10 GMT -6
COLUMBIA - Enrollment at the University of Missouri is expected to decline by 2,600 students in the fall, causing tuition revenue to drop by more than $36 million.
Officials say that will hurt an already poor budget situation and make it likely that the financial challenges would continue for several years as the smaller class makes its way to graduation.
“It is not just a one-time hit,” said Neil Olson, dean of the College of Veterinary Medicine. “It is a recurring hit for the deficit you get in one year, unless you magically get 1,500 more sophomores, and that is just not going to happen.”
Rhonda Gibler, vice chancellor of finance, laid out the budget difficulties at a meeting with the university’s Council of Deans on Friday.
Read more: www.news-leader.com/story/news/local/missouri/2016/05/12/drop-enrollment-may-cost-mizzou-million/84307468/
Officials say that will hurt an already poor budget situation and make it likely that the financial challenges would continue for several years as the smaller class makes its way to graduation.
“It is not just a one-time hit,” said Neil Olson, dean of the College of Veterinary Medicine. “It is a recurring hit for the deficit you get in one year, unless you magically get 1,500 more sophomores, and that is just not going to happen.”
Rhonda Gibler, vice chancellor of finance, laid out the budget difficulties at a meeting with the university’s Council of Deans on Friday.
Read more: www.news-leader.com/story/news/local/missouri/2016/05/12/drop-enrollment-may-cost-mizzou-million/84307468/