U of C cutting enrolment

The University of Calgary is cutting enrolment by up to 500 students in an effort to balance the books.

The school announced it will also hike tuition by 1.45-per cent to match inflation which is the maximum allowed by law in Alberta.

The Calgary Herald reports the University has been carrying a $50-million dollar deficit over the past few years.

The moves will put it back in the black thanks in part to an increase to its base grant from the province.

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