For the past several years Naropa University has carried a deficit. As the cost of debt rises and the economic recovery is slow to hit higher education, it has become clear that a deficit will inhibit Naropa's ability to pursue the goals of its strategic plan. The current economic reality demands that individuals and companies act strategically in order to make progress toward long-term goals.

The links on this page point to information that describes the challenges being faced by many institutions of higher education in the current economy.  

U.S. News & World Report: "Higher Education Struggles as Economy Falters"

College and University Professional Association for Human Resources: "Human Resources Perspectives on Downsizing in Higher Education" [PDF]