As education costs continue to rise at an alarming rate, universities are looking for ways to cut back on costs. Even Johns Hopkins, one of the most expensive schools in the U.S., is looking for ways to tighten its belt a bit.
The university has announced a number of cost-cutting measures. Most notably, the university informed 41 current employees in administrative positions that their jobs were being eliminated; another 51 current vacancies won’t be filled, and 13 staff members will see their positions “restructured” over the next few years. Hopkins is also cutting back in terms of employee health care benefits and other administrative costs.
The university noted that reductions in federal research funding and increases in federal regulations also contributed to the need to trim budgets. Hopkins spends more on research than any other university in the country.
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