In this sentence, is "declining" an adverb? Gerund (noun that uses a verb + ing form)? Or adjective?
The university's board of trustees, being worried over declining student enrollments and their failing to secure additional funding from the state, has formed a committee to determine what cuts need to be made to staff and programs.
Is there a parallelism error here between "declining student enrollments" and "their failing to secure...". How would you fix it?