For the first time in a long time, Syracuse University faces a budget deficit.
In an email to staff and faculty, Chancellor Mike Haynie said SU did not hit its undergraduate enrollment target for next year. As a result the school will not bring in enough revenue to cover its spending.
“This a moment for urgency and purpose — not panic. Universities that respond with focused, strategic effort will emerge stronger. Those that do not will find their options narrowing,” Haynie said in the email. “I am committed to ensuring Syracuse is in the former category.”…