Financial difficulties force American U’s Eagle to go weekly
In a letter to readers, Eagle Editor in Chief Charlie Szold announced that the American University student paper will switch to a weekly, tabloid format this semester.
Previously, the Eagle published a twice weekly broadsheet-style paper.
Because it fell short of repaying a $100,000 University loan last year, Szold wrote, the paper had to slash its budget in half. (Although the Eagle is technically an independent paper, it still receives University loans to cover some costs, such as printing.)
“We will be working throughout the year to permanently fix our financial problems,” Szold wrote. “Furthermore, The Eagle will be working to fix any systemic flaws that led to these problems.”
In the comments, Szold added that the cuts were not related to recent boycotts against the paper.