Thursday, April 3, 2014

Mid-Continent University acting to shore up its finances

As officials at Mid-Continent University work on submitting the correct paperwork to release federal funding, acting president Ken Winters has announced several money-saving steps. Winters met privately with faculty and staff members Tuesday morning. He told the group about several actions the school has taken, including temporarily laying off about 40 staff members, selling property and vehicles, and freezing new admissions. Winters was given broad authority to act on behalf of the Mid-Continent Board of Trustees.

About a dozen people from Crittenden County attend the university.

For the full story, visit The Paducah Sun online.