Pennsylvania: Lehigh University to Announce Pay Cuts Due to $40 Million Dollar Deficit

Legal Insurrection: “Additionally, all university retirement contributions to active employees will be temporarily suspended.”

Furloughs are coming as well. This is because of the Coronavirus crisis.

Morning Call reports:

Lehigh University, facing $40 million deficit, latest college to announce furloughs, pay cuts because of coronavirus pandemic

Lehigh University is the latest area college to announce it is furloughing staff and imposing pay cuts on senior leadership to defray a budget deficit because of the coronavirus pandemic.

The Bethlehem university announced Monday that President John Simon will take a 20% salary cut, while all senior university leadership and college deans will take a 10% salary cut. Lehigh also will furlough some staff who cannot perform duties remotely starting July 1, although an exact number was not given. more


11 Comments on Pennsylvania: Lehigh University to Announce Pay Cuts Due to $40 Million Dollar Deficit

  1. do you realize how huge this is??? …
    “Additionally, all university retirement contributions to active employees will be temporarily suspended.”

    … no ‘university’ ‘contributions’ means that current (active) employees will be funding their own retirement plans …. what a concept!

    why, if this catches on maybe even the taxpayers will no longer have the burden of funding teacher’s pensions! ….. oh, the beauty of unshackling that yolk!

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  2. “The Investment Office manages Lehigh’s Endowment, which at approximately $1.4 billion is the University’s largest tangible asset.”
    (www1.lehigh.edu/investment/)

    That’s the “largest.” So there must be others.
    The “deficit” of $40 Million represents 2.8% of THAT endowment.
    What does it represent of ALL endowments?

    More “boo-hoo-hoo ing” while fucking the weakest.
    Greasy, greedy hypocrites.

    izlamo delenda est …

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  3. Lehigh is a “private” university so only part of it is funded by taxpayers. I’ll celebrate when universities that are fully funded by taxpayers get the plug pulled from under them. As far as I know their faculty is still getting full salary and benefits.

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  4. I keep going back to what Margaret Thatcher said and, it’s true every time: “Socialism works until you run out of other people’s money.”

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  5. Sooooo… they had less than 6 mos. of financial viability left, BEFORE Media Pandemonium Virus? 😳

    They won’t be the LAST… 😳 😳

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  6. I hope Dr. Michael Behe survives the cuts. He is anathema, a non-person, a religious nut, to most of the other biology so-called scientists at that school.

    But he is the main guy when it comes to ID. His books are outstanding. I recommend them.

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