All posts tagged debt

debt
Calvin pays down $13 million in debt

As a part of a broader plan to reduce its current operating deficit and outstanding debt, Calvin College paid down $13 m...

File photo.
Calvin successfully raises $25 million for debt relief

Calvin announced earlier today that they have successfully raised $25 million over the last eight months for the express...

Photo courtesy calvin.edu.
Calvin hires new director of finance

Fifteen months after the top financial position was vacated and Calvin’s financial difficulties came to light, the col...

Photo courtesy Ryan Struyk.
Budget gap shrinks 33 percent after first round of cuts

Calvin administrators are one-third of the way to closing the school’s $11.5 million budget gap after cutting 3 to 7 p...

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Opinion: Released documents not enough for financial accountability

It is no secret that Calvin College is in deep financial trouble. What remains a secret, however, is knowledge of exactl...

Photo courtesy calvin.edu.
Shirley Hoogstra apologizes to faculty for financial situation

Shirley Hoogstra, vice president for student life and member of the president’s cabinet, apologized to faculty for her...

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Report points to building projects as primary source of financial troubles

Confused? Check out our infographic explaining what happened. Calvin’s method of financing construction projects signi...

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Le Roy reveals budget development concerns, debt payment details

Editorial note: This article was originally published on Wednesday, Dec. 5.  It was retracted shortly after due to mino...