Lots of cutback and layoff stories this week.  With most commencement events taking place, I continue to look for stories where colleges proudly announce their sub-50% graduation rates.  Hasn’t happened yet.Here are the top stories beyond cutbacks and layoffs + Arkansas Baptist College employees go weeks without pay+ Not All Colleges Are Worth Saving+ Averett University is suing its former CFO and endowment fund investment manager+ WSJ:  The End of the Free College LunchShow Notes:Schedule a 1:1 Demo of the Private College Advanced Financial Compass with me.Hood College (MD) faces budget deficit, increases draw from endowmentJohnson & Wales to cut 91 jobs amid $34m deficit, decreased enrollmentArkansas Baptist College employees go weeks without payApplications drop to five-year low -   as acceptance rate increases on May 8thLinfield students, faculty push back on proposed university budget cutsAverett University is suing its former CFO and endowment fund investment managerThe End of the Free College Lunch (Behind WSJ Paywall)

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