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Lafalum

Financial Report

The recent audited financial report has been released showing a decline in the value of the endowment due to losses and a draw in excess of returns. All the more reason to grow the institution, intelligently. We must grow in areas that increase revenues but don't increase expenses in excess of those revenues. ( Hint: it is not in the STEM area) Tuition increases are not possible and investment returns and gifts are not going to make up the difference.
It can be found in the college website under finance and administration.
flyfisher

Agree on the STEM classes. I see LC having a tough time in those areas. Also further explains the cuts in engineering.

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