The Lantern is projected to lose more than $150,000 this year, according to School of Communication officials. In efforts to prevent further losses, the school decided to suspend the summer printing of The Lantern.

Ray Catalino, Lantern business manager, disagrees with the school and said cutting the summer edition will not save any money. He said he offered alternate ways to save money, such as only printing summer editions of The Lantern once a week instead of twice.

The Lantern’s advertising department has experienced losses due to Web sites such as craigslist.org, which offer users the opportunity to place classifieds online at no cost, Catalino said.

“We start every fiscal year with a deficit and climb out of it,” he said. “The summer paper breaks even.”

Dropping the summer editions of the paper is not the first attempt at frugality the paper has made in recent years.

The Lantern had a circulation of 28,000 two years ago, but is currently distributed at a circulation of 15,000 - saving almost $25,000 annually.