Earlham College in Richmond plans to make more than four-million dollars in budget cuts for the 2019-2020 academic year.
The cuts come as officials continue to work on a plan to bring financial sustainability to the liberal arts school in Richmond.
Published reports say that Earlham has operated at a budget deficit for the past several years. Earlier this month, school trustees approved a 12-percent cut to Earlham’s current 50-million dollar budget.
A school spokesman said the savings primarily will come from personnel and will include the loss of 11 faculty positions. Most are visiting professors on one-year contracts. Two retiring professors also won’t be replaced.
