Sunday, February 16, 2003

Georgetown College plans to cut $2.5M



The Associated Press

GEORGETOWN, Ky. - Georgetown College will attempt to cut about $2.5 million from next year's budget.

A soft economy and concerns about a possible war in Iraq have slowed fund-raising for the college and caused Georgetown to make what will be about a 7 percent cut in its budget, President William H. Crouch Jr. said. Crouch said the soft economy leads to less return on endowment investments.

"Our goal in this process, is to achieve these cuts without adversely affecting the educational experiences of our students," Crouch said.

"Having said that, these cuts are going to hurt the college community, because they will result in positions being eliminated."

Crouch said financial aid to students won't be affected.

Georgetown College, a private Baptist school, currently operates under a $36 million budget. The college has an enrollment of 1,290 full- and part-time undergraduate students and about 380 graduate-education students.




TOP STORIES
Scientists linked to Heimlich investigated
GOP rules with no minorities, few women
School boom transforming suburbs

IN THE TRISTATE
Delhi Twp. house fire kills man
Mom: Son was 'gift from God'
Icy roads shut down much of Tristate
Obituary: Francis McWilliams
Obituary: Marcella Krehnbrink
Tristate A.M. Report

ENQUIRER COLUMNISTS
SMITH AMOS: Contribution chopped
BRONSON: Veteran's view
PULFER: Jer-EEE! Jer-EEE!
HOWARD: Some Good News

BUTLER, WARREN, CLERMONT
Snow, sick kids extend last day for schools

OHIO
Ohio ponders tough law for abuse
Ex-judge Joseph Kinneary dead at 97
Columbus cops take look at strip clubs
Ohio Bicentennial Moments

KENTUCKY
Newport clinic might close without $30,000 by July
Tolls to end on two highways
NKU finance dept. chair resigns
Georgetown College plans to cut $2.5M
Bunning vocal Greenspan foe, except this week
Fund-raising invitations questioned