Duquesne U. offers buyouts in face of falling enrollment

Pittsburgh Post-Gazette

December 17, 2011

Duquesne University has offered voluntary buyouts to nearly a fifth of its faculty and staff in the face of expected revenue declines from decreasing enrollment. The offer was made early this month. School spokeswoman Bridget Fare stressed that Duquesne has enjoyed more than 20 years of surpluses and is on solid financial footing, boosted this fall by a $12.5 million gift. Nevertheless, for a tuition-dependent school, she said it was prudent to employ cost-cutting strategies that included the voluntary buyout program.

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