Calvin College

of the Christian Reformed Church of North America voted to appoint Michael K. Le Roy as the president of Calvin College, succeeding President Gaylen J. Byker. Within months of assuming office, President Le Roy disclosed that Calvin faced a financial crisis, with $117 million in debt at the time. As part of the debt reduction plan, Calvin raised $25 million in eight months to reduce its long-term debt to $90 million. It continues to implement cost-cutting measures. In September 2015, four lightly enrolled majors were reduced to minors and one minor eliminated, marking the final step in academic division prioritization.
Calvin College changed its name to Calvin University on July 10, 2019, a date that matches the 510th birthday of John Calvin, the college's namesake. As an institution that already had numerous departments and centers, it was hoped that a name change to Calvin University would make the college more attractive to potential students as, internationally, colleges are considered a lower academic category …