Ivy Tech says funding gap grows amid cost-cutting

Tim Goral's picture

Even as Ivy Tech Community College consolidates its administrative staff, offers voluntary early retirements and increases tuition, officials say the college’s funding gap has widened to more than $80 million.

The college has calculated $83.1 million in deferred costs by adding up what it needs but can’t afford to do: Hire hundreds more academic advisers, double the number of full-time faculty, update equipment and expand programs that are in-demand but too full.

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