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Loyola University prepares for sharp drop in enrollment

It could be a rocky year for one of New Orleans` premier universities: the Baton Rouge Advocate reports that Loyola University is expecting a 45% drop in enrollment this fall. WGNO News called Loyola and a spokeswoman confirmed a sharp decrease in enrollment, but said there`d be an official statement tomorrow. The Advocate got a hold of an e-mail sent to the university`s staff, raising the possibility of salary cuts, buyouts, or tapping into the school`s endowment to stay afloat.