March 20, 2017
Barry University Faces Up to $8 Million Revenue Gap. What Happens Next?
Barry University, the 77-year-old Miami Shores institution that has taught students in the progressive Catholic tradition of its founding Adrian Dominican Sisters, is confronting financial strains on its mission of serving a diverse, working-class student body. Barry’s president, Sister Linda Bevilacqua, held forums with faculty and staff members on Friday to discuss a projected 2017 budget gap of up to $8.6 million and accompanying cutbacks, including eliminating 25 staff positions, implementing a hiring freeze, temporarily reducing the 401(k) match, and closing the school’s Davie campus. A six-figure vice presidential position is among those being eliminated.