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US Colleges Slash Majors in Effort To Cut Costs

St. Cloud State University announced plans to eliminate its music department and cut 42 degree programs and 50 minors, as part of a broader trend of U.S. colleges slashing offerings amid financial pressures. The Minnesota school's decision, driven by a $32 million budget shortfall over two years, re...

Cloud State University announced plans to eliminate its music department and cut 42 degree programs and 50 minors, as part of a broader trend of U.S. colleges slashing offerings amid financial pressures. The Minnesota school's decision, driven by a $32 million budget shortfall over two years, reflects challenges facing higher education institutions nationwide. Some smaller institutions have closed entirely, unable to weather the financial storm, reports CBS News.Federal COVID relief funds have dried up, operational costs are rising, and fewer high school graduates are pursuing college degrees.

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