Mt. St. Mary's, Higher Ed, and Catholic Character

One of the topics we've discussed often, over the years, at MOJ is the challenge (and importance) of building and maintaining meaningfully (and therefore interestingly) Catholic institutions, including universities.  The recent news out of Mt. St. Mary's University provides (among other things) an occasion for thinking not only about what it means for a university to be meaningfully, pervasively "Catholic."  Does a university's "Catholic" character constrain -- and, if so, how? -- the strategies and tactics that administrators may employ in responding to what they regard as the challenges facing higher-education institution's generally?  (Here's another news story, thanks to Crux.)  

Thoughts?