Dave_Berry

"Princeton University is planning to slash $170 million from its budget over the next two fiscal years . . . University President Shirley Tilghman said the cuts are needed because of an estimated $5 billion plunge in Princeton's endowment."

Princeton University proposes $170M in budget cuts over two years - NJ.com

carpe_diem268

so, what does that mean for students applying in the next two years? less acceptances?

hallowarts

^ It will have no effect.

Saugus

Wait... So does that mean the endowment is now 11.3 billion? Is it still the largest per student in the world? Will it recover? What percent of the budget was the 170 million?

ramblin

Harvard College's Faculty to Cut Budget 19 Percent in 2 Years - Bloomberg.com

"Harvard University’s Faculty of Arts and Sciences, the teaching body for most undergraduate classes at Harvard College, will slice $220 million from its budget over the next two years because of endowment losses."

alexandrafitzmor

So the amenities and resources available will be tightened, not the number of students or financial aid available?

mrscollege

Bump. Any updates on this?