The Cincinnati Enquirer reports that Xavier University is experimenting with a variety of “big changes” to adjust to our present era of austerity:

Seeking to reshape an increasingly uncertain academic and financial future, Xavier University will try everything from a capital campaign of as much as $140 million to a new College of Innovation and Entrepreneurship.

There also could be a new pledge from Xavier to students: “To develop their values and character, deliver an excellent education, and guarantee placement in their career or next educational step.”

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