Texas Semi-Professional Football Team Announces Administrative Staff Lay-off

“It is too soon to make predictions about the number of positions that could be affected,” Regis said.

At the same time, the university is on track to raise $1 billion through its Second Century Campaign. New multimillion-dollar buildings have gone up across campus, and student tuition and fees, including room and board, exceed $60,000 for the 2014-15 school year.

University President R. Gerald Turner, however, said in an 11-minute video posted recently for faculty and staff that SMU must make changes to avoid budget deficits and adapt to a challenging higher education climate. He praised SMU’s rising national ranking and fundraising.

“We have a choice to make,” he said in the video. “Without making changes to the way we do things, we risk letting SMU fall into a vicious cycle of growing financial deficit, continued incremental cuts, the inability to pursue strategic objectives and stagnation or even decline in prestige.”

Not a word about any cutbacks to the athletics programs.

h/t Instapundit

SMU plans layoffs, other changes to cut $35 million | Dallas Morning News.