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Reply to "Which top colleges have a significant budget deficit? Which ones are red flags?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How did a tiny school like Middlebury run up such a large deficit?[/quote] A [b]$4.49 million budget deficit[/b] against an overall budget of $344 million isn't that significant (1.3% of overall budget). Reasons mentioned are rising healthcare costs, staff and faculty pay increases, and debt servicing. [/quote] As far as I can tell, Middlebury had a $14.1 deficit in FY 2025 and has a projected budget deficit of $8.6 million for FY 2026, along with about 15 years of perennial deficits prior to these most recent years. https://www.middlebury.edu/stories/archive/2025/05/board-trustees-approves-fiscal-year-2026-budget-tenure[/quote]
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