The University of North Texas disclosed a projected $45 million structural deficit driven by a $32 million drop in state instructional funding and steeper-than-expected declines in international graduate enrollment; President Harrison Keller warned hard choices and cuts will be required. UNT previously budgeted for enrollment declines but saw a larger revenue gap grow through the fiscal year. Separately, Labouré College announced it will close, underscoring volatility among smaller, specialized institutions. Together, the stories underscore how state funding shifts, international enrollment volatility, and program mix can produce acute fiscal stress — prompting boards to revisit enrollment strategy, program consolidation, and cost containment efforts.