If you don’t need the senior classics prof, yes. If dollars out are the same but dollars in resulting from tuition/demand for classes is significantly higher, yes. Certainly less expensive from a net cost.
Some of the programs being eliminated have 1 or 2 graduates per year, or even zero. I know from Akron’s engineering presentiation, that there are no departmental limits on any engineering major. If you meet the requirements to the program, you’re in. There’s no being relegated to an engineering major you don’t want. I would think that would lead to a need for more (junior) profs in areas that are in demand, otherwise you run the risk of losing the smaller sections and hands on/approachability factor. Smaller class sizes were definitely discussed as one of their talking points as well. It would seem that the comments about Akron morphing into a STEM/Polytechnic school could be spot on.