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Declining funds paint a grim future for U of L

Related Topics: Funding, Paint, Future, David Grissom

Home > News > Declining funds paint a grim future for U of L

By Shelby Brown–

U of L hopes to combat it’s bleak financial future by growing enrollment 36 percent over the next few years to avoid raising tuition. With state appropriations and donations on the decline, foundation members said U of L is again in a precarious position according to WDRB.

“If this were a private enterprise, it would be very concerning; you wonder about the efficacy of the business model. I hate to use the word ‘ominous,’ but it is,” board of trustees chairman David Grissom said at Tuesday’s foundation meeting.