I haven't seen much about this in the media, and half the colleagues I discussed this with hadn't yet heard it, so I'll repeat Siva's news that Tulane appears to be shutting down most of its engineering program and laying off 230 faculty. I have a hard time believing that this sort of move can be good for the long-term interest of the university, both programmatically and in terms of retaining the best of their remaining faculty. And, though I'm personally most interested in their closure of EECS, I agree with one of Siva's commenters that it's especially ironic, given the nature of the disaster that led to Tulane's difficulties, that another target of this closure is Tulane's Department of Civil Engineering.