Why Should Delaware Care?
The University of Delaware is the largest higher education institution in the state, enrolling more than 20,000 students and employing more than 9,000. It has weathered several years of operating budget deficits coming out of COVID that present risks to its operations though.
The University of Delaware has launched a voluntary retirement incentive program for staff who are eligible for retirement next year as it seeks to slim its budget “to strengthen long-term financial sustainability.”
The program is entirely voluntary, according to the school’s announcement, but comes amid turbulent financial times for the university. Employees who are eligible for the program are being notified by the school’s human resources staff and informational meetings will be held in the coming weeks…