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Webster University's deficit triples

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St. Louis school Webster University's deficit tripled in fiscal 2023, according to a new tax filing.

The university's deficit grew to $39.3 million for the year that ended May 31, 2023. That's up from $12.5 million a year earlier.

Revenue dropped to $126.9 million from $150.1 million year over year, according to the tax filing.

Read more from the St. Louis Business Journal.

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