Catholic U. Layoffs Aim to Stabilize Budget Ahead of ‘Demographic Cliff’

The Catholic University of America laid off 66 employees Monday, as the university aims to address a $30 million deficit announced to university stakeholders in December.

While the layoffs come after several years of deficit budgets, the university’s president told The Pillar that Catholic colleges and universities need to reconsider their financial and business models, to face the serious enrollment crisis reshaping American higher education.

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