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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In true U Chicago style, here are two professors' arguments on the financial situation- logic, and facts supporting two opposing points of view that are both very interesting. I do think agree there is a big issue with the three decades of very low undergraduate numbers, leading to a low base of donors vs the other Ivy Plus schools.

John Boyer (recently retired Dean of the College)
https://chicagomaroon.com/40782/viewpoints/letter/john-w-boyer-on-the-state-of-the-universitys-finances/

Clifford Ando (Classics Professor)
https://chicagomaroon.com/40809/viewpoints/letter/all-amazing-all-unequal/ [/quote]

Hi, I speak Academic. Let me translate:

Boyer says that Chicago is broke because they had too few undergrads for decades, that affects alumni donations. (He’s didn’t say WHY they had so few students) So they had to borrow money to do the necessary spending to make Chicago into the top very selective school it is today. It’s competing head to head with the Ivies so it’s worth it.

Ando says yeah, but. We spent a ton of money but it wasn’t on faculty, we still rely too much on unequal adjuncts. A lot of them didn’t get the chances white men got to be full faculty. It’s cutting corners and unfair. What’s the point of all this spending if teaching quality is affected and it goes against our values?[/quote]

Hi, I speak non-academics. Let me translate.

No matter how the boosters spin it, UChicago is on a fast track on a downward spiral in the US News ranking. [/quote]

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