Loyola University New Orleans is a highly respected university that opened its doors almost 170 years ago. However, the university recently had to lay off 18 employees to help the school overcome a $5.1 million deficit. This was due to the fact that freshman enrollment last year was 30 percent lower than anticipated, and without the layoffs, Loyola would have been facing a $7.5 million budget shortfall.
To read the rest of our article visit the higher education magazine The EvoLLLution.
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