Thursday, March 6 2014 4:53 PM EST2014-03-06 21:53:44 GMT
Steve and Annette Economides, otherwise known as America's Cheapest Family, gives people ways to save money in just about every aspect of life. The Economides said that on average a family of our spendsMore >>
Steve and Annette Economides, otherwise known as America's Cheapest Family, give people ways to save money in just about every aspect of life.More >>
Lourdes University announced Tuesday that they will close the Franciscan Academy in Sylvania at the end of this academic year.
The academy has been open 40 years, but officials say due to low enrolment and financial problems, they cannot keep the school open. Parents were devastated by the news.
"The fact that the information hasn't been transparent, and you have disempowered all of us from doing anything about the community that we create, we love, we care about by walking in and pulling the rug from underneath us," said a parent in attendance at the meeting Tuesday.
Lourdes University President David Livingston says it would not have mattered if parents were informed sooner. In a document handed to parents at the meeting, the university stated the Franciscan Academy is not financially sustainable in the long run.
"It's not just about money," Livingston said. "It has to do with future demographics, future enrolment trends. It also has to do with the mission of the university."
That mission does not include the Franciscan Academy.
"Our primary mission is to service and educate bachelor through master's degree students," he said. "The academy services our education department and, of course, has its own valid mission of serving pre-school through eighth grade, but we also had to ask the question whether it was core to our mission."
Newsweek recently released its list of the Most Beautiful Colleges. The ranking took in to consideration campus aesthetics, as well as the attractiveness of its student body.More >>
Newsweek recently released its list of the Most Beautiful Colleges. The ranking took in to consideration campus aesthetics, as well as the attractiveness of its student body. See if your alma mater made the list.More >>