Concordia University, located in Mequon, Wisconsin, is facing a financial crisis that is impacting the future of its campuses in Mequon and Ann Arbor, Michigan.
The university recently conducted a financial health check and found that it was spending more money than it was taking in.
As a result, cuts will be made at both campuses, with the Ann Arbor campus being significantly reimagined and operations at the Mequon campus being scaled back.
Staff reductions and the disposition of property, facilities, and equipment are also expected.
The university is working on a financial plan, which will be announced after a Board of Regents meeting in the coming weeks.
Despite the financial challenges, students remain hopeful, trusting in the university’s administration to navigate the crisis.