TU's Endowment Shrinks
The University of Tulsa was slammed by $300 billion worth of bad news on Friday. Friday, February 27th 2009, 10:24 pm
By:
News On 6
News On 6
TULSA, OK -- The University of Tulsa was slammed by $300 million worth of bad news on Friday. TU's endowment was slashed by a third as investment markets continue to falter.
The school is limiting overtime, freezing merit-based pay raises, and re-routing money from vacant positions.
The school says these cuts will help stave off lay-offs.
Get The Daily Update!
Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!
More Like This
February 27th, 2009
April 15th, 2024
April 12th, 2024
March 14th, 2024
Top Headlines
April 19th, 2024
April 19th, 2024
April 19th, 2024
April 19th, 2024
