Pearson’s said high production costs and rising prices for chocolate and other ingredients made operating the 67-year-old factory unsustainable. About 80 employees are being laid off.

The move to reduce tuition by $5,500 would take effect in the 2027-2028 school year. The yearly cost will be $21,700, putting Concordia's rate on par with other Minnesota public universities.

The move to reduce tuition by $5,500 would take effect in the 2027-2028 school year. The yearly cost will be $21,700, putting Concordia's rate on par with other Minnesota public universities.