GREENSBORO, North Carolina — Another casualty of Bennett College’s financial woes: a dorm.The college said late Friday it will close one of its five residence halls to save money.
The college said Nov. 22 it was laying off nine of roughly 200 employees to help close a budget gap of about $2.9 million.
The college says the budget shortfall is the result of a decline in enrollment. A college spokeswoman said Bennett based its annual budget on enrollment of 668 students. Only 613 students enrolled this fall.
The college had 663 students last fall.
“As a result of the enrollment decline, the administration created a financial plan to address the budget shortfall,” college spokeswoman Wanda Mobley wrote in an email. "Pfeiffer Residence Hall will close as one of the cost-saving measures in the plan."
Pfeiffer was built in 1924 and is ...
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