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Reply to "U Chicago financial woes"
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[quote=Anonymous]Never would have expected this! https://chicagomaroon.com/40872/news/expect-growing-pains-university-presentation-reveals-severe-financial-pressures/ “ While UChicago’s investments have allowed it to punch above its weight for decades, rising interest rates and a drop in operating income have necessitated a range of cost-cutting measures, including a temporary staff hiring freeze and voluntary staff retirement packages, as well as budget cuts for programs across the University.” “ Since 2013, UChicago has seen a 25 percent student enrollment increase across its undergraduate, Ph.D., masters, and professional divisions. This increase is one of the highest among UChicago’s Ivy Plus peer group, second only to Columbia’s 27 percent student enrollment increase during the same time period. However, UChicago’s 2022 endowment market value of $10.3 billion stood lower than many of its peer institutions. ” [/quote]
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