Marquette University announces spending cuts due to low enrollment
Posted: Jun 22, 2020 5:32 PM CST
MILWAUKEE (CBS 58) -- Marquette University is making changes to help combat the effects of the coronavirus pandemic.
The university says freshman enrollment for the 2020-2021 school year is lower than expected.
Now, the university is suspending contributions to employee retirement plans.
Thirty-five leaders will take a 5-percent salary cut.
Discretionary spending has been cut by 10-percent.
