U of MO closing two dorms. Wonder why?

“Mizzou will be closing the Respect and Excellence halls (ironic names, given the circumstances) in order to utilize dorm space 'in the most efficient manner' to keep costs down. In March, the university announced that it saw a sharp drop in admissions for the coming school year, and will have 1,500 fewer students. This will lead to a $32 million budget shortfall for the school, prompting the need to close the dorms in order to save money.”

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