Fanshawe forecasts $35M deficit, projects program cuts and layoffs

Fanshawe College is reportedly projecting a $35M deficit this year and a $60M deficit next year, as a result of declining international student enrolment. In a video released to staff, Fanshawe President Peter Devlin shared that the college recorded a 41% decline in Level 1 international enrolment for the winter semester and that another 45% drop is expected for the summer. CBC reports that Fanshawe is anticipating layoffs and program cuts in the near future.

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