EDITORIAL

Congratulations to Canisius University for reaching a notable milestone amid turbulent financial times for higher education. As reported by The News' Mike Petro, the university has reduced its deficit by almost 75% from four years ago. Its structural deficit, at one time reaching well over $10 million, is expected to drop to $3.5 million this year.

It's quite an achievement for Canisius President Steve Stoute, one that quite a few struggling colleges and universities would be grateful to emulate.

Under Stoute's leadership, which is entering its fourth year, Canisius has been working to identify $15 million in cost savings to the institution's operating budget, as well as reinvesting some of those savings into targeted, more successful programs.

The university's Institutional

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