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| | The Pleiad - Albion College's Student Newspaper |
 | | The cuts were also seen as a violation of the faculty handbook and a broken promise to faculty members who were offered the tenure-track positions with the implication of commitment from the college, said Gregory Saltzman, professor of economics and management and Budgets, Salaries, and Benefits Committee chair. |
 | | According to VanAken, the current operating revenue of the college is around $45 million, the main sources being students’ tuition, donations, and a five percent spending formula on the college’s endowment, which is currently at $180 million. |
 | | Looking at enrollment a few years ahead, the college will need to recruit classes to replace the class of 2008 that came in with 559 students and the class of 2009 that came in with 571 students, an important thing to be noted, according to VanAken. |
| www.albion.edu /pleiad (1218 words) |
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