Georgetown College will cut about 20 percent of its faculty… ending majors in French, German, computer science and music by May 2015.
[T]he faculty could be cut by 20 positions, although some already are vacant. About 12 staff positions will be lost..
Georgetown may expand some other departments: “Two relatively new programs that have attracted more student interest are criminal justice and sports administration”.
In addition the institution will make other, related cuts:
employee and retiree benefits will be slashed. For current employees, the school’s matching contribution for retirement accounts will be reduced temporarily. For retired faculty, the school will cut health benefits, a move that could save about $500,000 a year, spokesman Jim Allison said.
What is the reason behind these moves?
The [operating budget] deficit has continued for several years, but it worsened last fall when enrollment dropped by 100 students, creating a shortfall in tuition revenue at the private school. Total enrollment is about 1,100 students.
Much of this is sadly familiar from the past year of campus queen sacrifices. The preponderance of targeted departments are in the humanities (“we didn’t have a lot of majors in some of these areas”). Enrollment decline drives a revenue crisis for a tuition-dependent institution (“”What Dr. Greene found soon after arriving is that expenditures for the college far outweighed income”).
No word from Slate as to whether this is an instance of a death spiral we should celebrate.