<p>Actually, Xavier and Loyola are part of larger organizations. None of the institutions are in danger of disappearing. So says me.</p>
<p>By financial hole, afr, I refer to the hole that any business would get into if they had thousands of employees to maintain, massive utility bills to pay, clean-up and reconstruction to attend to, marketing to deploy, legal battles to fight with insurance companies and scholarship students--all on half the income they expected for the year.</p>
<p>A sudden, drastic reduction in annual income is a financial hole for any business.</p>