Wednesday, May 17, 2017

Mills College Declares Financial Emergency and May Cut 30 to 35 Jobs

The Chronicle of Higher Education
By Charles Huckabee
May 16, 2017

Mills College, a liberal-arts institution for women in Oakland, Calif., declared a financial emergency on Tuesday as a first step toward dealing with financial challenges, including a projected $9.1-million deficit in the coming fiscal year.

In a news release and in a statement emailed to faculty, staff, and students on Tuesday afternoon, the college described the Board of Trustees' approval of the declaration of emergency as a step that authorizes Mills to restructure all of its expenses in pursuit of financial stability.

Read the full article in The Chronicle of Higher Education's website here.

No comments:

Post a Comment

To eliminate spam comments at restricted to registered users. Additionally, all posts are moderated to further prevent spam and off topic discourse. We strive to post all on topic comments.