Saturday, October 7, 2023

CBU to implement campus-wide budget cuts, citing financial deficit - Jason Bolton, Memphis Business Journal

Christian Brothers University is facing a multimillion-dollar deficit that could necessitate significant budget cuts, according to an email to alumni obtained by MBJ. "We have reached a critical time for our university if we wish to continue this work for another 150 years," the email from CBU's Office of Alumni stated. "We must restore our financial viability and reallocate our programs and resources to provide the promise of college that our mission requires and act with determination and transparency to build a sustainable university for the future."

https://www.bizjournals.com/memphis/news/2023/09/28/cbu-campus-wide-budget-cuts-financial-exigency.html