Wednesday, March 6, 2024

XU Addresses $16M Budget Deficit - Jackson Hare, Xavier Newswire

Xavier administration has launched the Sustaining Excellence project, where the consulting firm McKinsey & Company will conduct an eight-week investigation into the university’s performance.This will inform the university’s response to its $16 million budget deficit. On Jan. 29, the Xavier administration, including President Colleen Hanycz, Provost and Chief Academic Officer Rachel Chrastil and Vice President for Institutional Strategy and Director of Athletics Greg Christopher hosted a town hall to launch this transformation project and inform faculty and staff what to expect in the coming weeks. The goal of the Sustaining Excellence project is to conduct an eight-week diagnostic of the problems the university faces, their severity and then potential remedies.