Economic woes are touching almost every sector right now, and academia is no exception.  ORU is not specifying which departments will experience cuts – but cites it as necessary to remain fiscally solvent.  Ralph Fagin noted, “You can’t spend more than you’re taking in.”  We wish someone would tell that to the government.  Oh wait.

Read the AP Article Here

Richard Roberts will get a $223,600 salary from the school, under terms of a separation agreement announced last Friday minus unbilled personal and travel expenses.  Richard and Lindsay still face a lawsuit from former ORU accountant Trent Huddleston.

Read the article here.

Official statement from Oral Roberts University.