Shaw University in Raleigh, North Carolina, Tightens Its Belt

Gaddis-Faulcon-thumbGaddis Faulcon, interim president of Shaw University, the historically Black educational institution in Raleigh, North Carolina, has announced a series of cost-cutting measures in an effort to shore up the university’s financial situation. The cost-cutting measures include the elimination of vacant positions, restructuring of contracts, and there will be some personnel reductions. The university expects to save $2 million over the next year.

President Faulcon stated that “we want to not just survive, but thrive and we can only do so by continuously examining our internal processes to determine how we can be more effective. These are challenging times for institutions like Shaw, but we will continue to scrutinize every dollar spent to ensure we are doing our best to uphold our mission and provide an academic environment that allows our students to succeed.”

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Study Uncovers Racial Bias in University Admissions and Decision-Making AI Algorithms

A new study has found university admissions and decision-making AI algorithms incorrectly predict academic failure for Black students 19 percent of the time, compared to 12 percent of White students and 6 percent of Asian students.

Donald Comer Named Interim President of Lane College in Tennessee

Dr. Comer has extensive experience as an advocate for HBCUs and African American business education serving on the board of trustees for Stillman College and LeMoyne-Owen College. He will assume his new duties on August 1.

Racial Disparities Found Among Veterans’ Experiences With VA-Funded Community Care

"Community care" provides veterans with an streamlined option to receive VA-funded healthcare through non-VA providers. A new study has found Black Americans are more likely to report negative experiences with community care providers and administrators.

Jeffrey Norfleet Is the New Leader of Shorter College in Arkansas

Dr. Norfleet has been serving as Shorter College's provost and vice president. He has an extensive background in higher education, serving in both academic and administrative capacities.
spot_img

Featured Jobs