Tulane is Cutting 8 Programs
Posted: Sat Dec 10, 2005 1:20 pmUnfortunately, they are having to cut out several of their program's, which will hurt the conferences competitiveness over the next couple of years! Hopefully, we can help out some of their athletes that might still want to play their respective sports. Here is the article talking about the cuts:
Friday's Marketplace Section page 2 of The Wall Street Journal indicates that Tulane will slash 20% of its faculty, do away with 22 programs of study, and suspend 8 sports. Tulane plans to put a greater emphasis on undergraduate education. The restructuring was necessitated by $200 million in storm-related damages to the university and a projected budget shortfall of $60 million in 2006. Tulane had annual revenue of about $700 million, approximately a third of it from tuition. The university has an endowment of $850 million, but only about $65 million is unrestricted.
Tulane will eliminate eight sports, affecting about a third of its 300 student-athletes. Targeted sports include men's and women's golf and tennis, women's swimming and diving, women's soccer, and men's track and field. Tulane said it had been assured by NCAA officials that, despite the cuts, it will receive waivers that will allow it to continue to compete at the Division 1 level.
Tulane wil restructure undergraduate education around a newly created undergraduate college. In the future, undergraduates will be required to live on campus for 2 years, and community service will be mandatory. Tulane's management is using the Ivy League for its model. Tulane has 6,400 undergraduates, 5,000 graduate and professional students, and about 1,100 medical students and residents.
Friday's Marketplace Section page 2 of The Wall Street Journal indicates that Tulane will slash 20% of its faculty, do away with 22 programs of study, and suspend 8 sports. Tulane plans to put a greater emphasis on undergraduate education. The restructuring was necessitated by $200 million in storm-related damages to the university and a projected budget shortfall of $60 million in 2006. Tulane had annual revenue of about $700 million, approximately a third of it from tuition. The university has an endowment of $850 million, but only about $65 million is unrestricted.
Tulane will eliminate eight sports, affecting about a third of its 300 student-athletes. Targeted sports include men's and women's golf and tennis, women's swimming and diving, women's soccer, and men's track and field. Tulane said it had been assured by NCAA officials that, despite the cuts, it will receive waivers that will allow it to continue to compete at the Division 1 level.
Tulane wil restructure undergraduate education around a newly created undergraduate college. In the future, undergraduates will be required to live on campus for 2 years, and community service will be mandatory. Tulane's management is using the Ivy League for its model. Tulane has 6,400 undergraduates, 5,000 graduate and professional students, and about 1,100 medical students and residents.