“Faculty are the revenue generators,” said Noeleen Mcllvenna, a WSU history professor. “We need more faculty not less. The rest is just noise.”
Wright State president David Hopkins said he understands faculty concerns and that he hopes enrollment increases so that faculty members who were laid off can eventually return if they want to.
“It’s always the last thing we want to do,” Hopkins said of the layoffs. “Because of the circumstances of the budget and enrollment challenges, these are the tough decisions we’re forced to make.
Additional faculty stood at the back of the trustees meeting Friday where they held signs protesting the cuts, budget issues and the Wright State University foundation’s hedge fund holdings.
Students today were set to call for the foundation to divest from its hedge fund holdings. Hedge fund holdings make up about $6 million or 8 percent of the foundation’s nearly $80-million endowment, according to a statement from WSU spokesman Seth Bauguess.
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