SLU plans cost cuts amid declines in enrollment, medical revenue

St. Louis University has instituted a hiring freeze and is considering cost-cutting measures as it faces the possibility of budget shortfalls for fiscal years 2020 and beyond.

The budget woes come as the Catholic university faces declining enrollment and lower revenue from its medical practices.

Enrollment is at 12,649 students this year, down 638 students from five years ago, and incoming students have required more financial aid than anticipated.

News of the planned cuts comes less than two years after a previous announcement of cost cuts, when SLU announced it would lay off 120 employees and eliminate 130 more unfilled positions.

Read more: St. Louis Public Radio, St. Louis Post-Dispatch


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