State hires $76,000-a-week consultant to help cash-strapped Rhode Island College
The firm will provide the college with âanalysis and recommendations related to programmatic, operational and financial improvements,â according to the contract
By Dan McGowan Globe Staff,Updated January 11, 2021, 6:00 a.m.
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Entry sign for Rhode Island College in Providence, R.I.Kenneth C. Zirkel via Wikimedia Commons
PROVIDENCE â Nearly two weeks before the fall semester started at Rhode Island College, officials at the school announced plans to take extraordinary steps to close a $10-million deficit. They said they would reduce operating expenses by 15 percent, which included executive pay cuts, layoffs, and a hiring freeze.