Marquette University, in Wisconsin, intends to cut $31 million from its operating budget by fiscal 2031, amid increasing economic and demographic pressures.In a Monday announcement, officials at the private Jesuit institution said the reductions are intended to proactively keep it viable “rather than having our future decided for us by outside forces.” Marquette said it intends to begin the process by cutting $11 million from its fiscal 2026 operating budget. The university will form a committee of faculty, staff and administrators to recommend where the budget can be cut.
