Alverno College Takes Proactive Measures Amid Financial Challenges
In the face of ongoing financial pressures within the higher education landscape, particularly among small private institutions, Alverno College acknowledges the need for proactive measures. The college is diligently exploring diverse strategies to maintain its mission's integrity. Regrettably, this entails making difficult decisions including notifying our college community about employee reductions, to safeguard our financial sustainability. Within the next 60 days, we anticipate recommending to our Board of Trustees program changes and a reduction of faculty and staff positions. These are challenging and uncertain times for higher education and Alverno, but our dedication to providing exceptional educational experiences and fostering community involvement remains resolute.
Published on April 29, 2024 | Categories: press release
