Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How come no one has mentioned that swarthmore is $400m in debt before? That’s substantial!

but they have an almost 3 billion endowment. debt isn't always bad. these colleges dont pay cash for new construction projects.

think there may be more nuance here.

also, they're out of trump's crosshairs. Chicago is not

Agreed. The numbers sound big and misleading; issuing bonds is not a sign of financial instability—on the contrary, the ability to borrow at a low rate over a long period is evidence of confidence in the institution.

The thing that caught my eye, as someone who works at a peer institution, is Chicago’s running an operating budget deficit for 14 years straight. That’s a HUGE red flag for financial mismanagement and presumably is why they have to takedraconian action now. My institution ran a deficit once in the last decade and took significant action the following year to ensure it did not happen again.

Any thoughts on Middlebury's 15 consecutive years of budget deficits?

Middlebury slashes budget by over $10 million, imposes partial hiring freeze - The Middlebury Campus https://share.google/BZL2jfezgEn7CZNON