(BLOOMINGTON) - Senior Vice President and Chief Financial Officer Neil Theobald is leaving IU, but the effects of his major projects will linger.
The IDS reports that Theobald came to IU in 1993 as an associate professor of educational finance in the School of Education.
He has served as chief financial officer since July 2007 and was appointed senior vice president in October 2011.
His ultimate goal has been to reduce student debt - what he considers the biggest challenge facing students.
To do so, he has led fundraising drives to increase financial aid and launched the new Office of Financial Literacy. Additionally, he has attempted to reduce the cost of a degree.
"Over the last two years, we have basically fixed tuition," Theobald told the Board of Trustees on Dec. 7.
Now it's up to his successor to continue his efforts. Effective Jan. 1, 2013, Theobald will become the 10th president of Temple University in Philadelphia.
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