The president of Christian Brothers University (CBU) said Friday that the school is eliminating nearly 30 faculty positions and several academic programs as the university aims to cut $4 million from its budget.In a letter addressed to alumni, CBU president Dave Archer said the cuts are "painful" but necessary as the university moves forward with student's "long-term interest" in mind. The faculty and program cuts, the university president said, resulted in $1 million toward cutting from its budget.