Decline in Undergraduate Enrollment at UL
Despite a decline in full-time undergraduate enrollment, the University of Louisiana (UL) has increased its hiring. Since 2015, the university has lost 1,700 undergraduate students, resulting in a $20 million revenue loss.
The decline in enrollment has significantly impacted the university's finances, as each undergraduate student generates approximately $12,000 per year. Meanwhile, the university has added a net of 467 positions.
“They are the students who really pay the bills,”
said interim UL President Jaimie Hebert at a town hall meeting on September 25, addressing the budget shortfall. Although online and graduate student numbers have increased, it has not been enough to offset the loss in revenue.
The university's hiring spree has raised questions about its priorities and financial management. With a significant decline in undergraduate enrollment, UL faces challenges in making up for the lost revenue.
Author's summary: UL's enrollment decline contrasts with increased hiring.More News
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