Suffering from declining enrollment and a multimillion-dollar deficit, Life University is making cuts the Marietta school says are necessary to protect its future.
Its financial struggles were highlighted in March when Moody’s, the global financial risk assessment company, downgraded Life’s bond rating and classified the school’s outlook as “negative.”
Months later, university president Brian McAulay wrote in an email that Life was severing ties with more than 30 employees — including 14 of its roughly 200 faculty members — and discontinuing the university’s 401(k) matching program. The school had 439 full-time employees in fall 2024, according to federal data…