Colleges Protect Workers and Cut Elsewhere

by E Wayne Ross on January 5, 2009

The Chronicle: Colleges Protect Workers and Cut Elsewhere

Most colleges have steered through the first jolts of the recession without resorting to layoffs, cutting employee benefits, or imposing across-the-board freezes on hiring. But the economic pain is afflicting campuses in many other ways, according to the findings from a new survey of chief business officers conducted last month by The Chronicle and Moody’s Investors Service.