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TSU’s Financial Action Plan: Freeze to Address Deficit

TSU initiates hiring and spending freeze to tackle severe financial deficits, ensuring future stability. Immediate actions explained.

by Mark Eisenberg
Sat, Sep 21, 2024 9:03pm
in Economy
• 2 mins read
14.8k
TSU's Financial Action Plan: Freeze to Address Deficit | FinOracle

Photo: Finoracle.net

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Tennessee State University's Financial Action Plan to Combat Deficits

Tennessee State University (TSU) recently announced a strategic financial action plan aimed at addressing "severe structural deficits" that have grown over the past two fiscal years. The university's Board of Trustees emphasized the urgency of this plan during their recent meeting, highlighting the potential impact on the university's ability to fulfill its mission if these issues remain unresolved.

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