Morehouse College Deals With Budgetary Issues Brought About by the Pandemic

Education

by Staff 37 Views

Morehouse College, the historically Black educational institution in Atlanta, announced that it will implement a reduction in force, furloughs, and pay cuts as part of a cost-reduction plan to offset an anticipated fiscal year 2020-2021 budget deficit due to the COVID-19  the pandemic. The College has estimated a potential 25 percent decline in enrollment as a result of the pandemic. In the first phase of the reduction, 54 part-time and full-time employees will be furloughed for two months and 13 full-time employees will be terminated effective June 1.  One hundred-ninety-four exempt full-time...

Comments