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Connecticut Colleges Awash In Red Ink

Ben Margot

A fiscal report about four public universities in Connecticut shows a $457 million operating loss in 2019, despite increased state funding and higher tuition.

Part of the deficit for Central, Eastern, Southern and Western Connecticut State Universities is blamed on a steep rise in the cost of employee fringe benefits.

The report also cites declining enrollment numbers and “intense competition” in the higher education industry.

It’s the fourth year in a row enrollment has declined in the system.

Bill began his radio journey on Long Island, followed by stops in Schenectady, Bridgeport, Boston and New York City. He’s glad to be back on the air in Fairfield County, where he has lived with his wife and two sons for more than 20 years.