US Colleges Slash Majors in Effort To Cut Costs

us-colleges-slash-majors-in-effort-to-cut-costs
US Colleges Slash Majors in Effort To Cut Costs

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Posted by msmash from the closer-look dept.

St. Cloud State University announced plans to eliminate its music department and cut 42 degree programs and 50 minors, as part of a broader trend of U.S. colleges slashing offerings amid financial pressures. The Minnesota school’s decision, driven by a $32 million budget shortfall over two years, reflects challenges facing higher education institutions nationwide. Similar program cuts have been announced at universities across the country, including in North Carolina, Arkansas, and New York. Some smaller institutions have closed entirely, unable to weather the financial storm, reports CBS News.

Federal COVID relief funds have dried up, operational costs are rising, and fewer high school graduates are pursuing college degrees. St. Cloud State’s enrollment plummeted from 18,300 students in fall 2020 to about 10,000 in fall 2023, mirroring national trends. The National Student Clearinghouse Research Center reports a decline in four-year college enrollment, despite a slight rebound in community college numbers.

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