<p>Princeton is well prepared to meet the economic recession. Unlike many of its peers, it will not institute hiring freezes or budget cuts. </p>
<p>Ainslie, who joined the University Oct. 1 but has worked in the field of university finance for more than 20 years, provided an assessment of Princeton’s current financial condition at the CPUC meeting. </p>
<p>“Princeton is incredibly financially healthy” </p>
<p>[Princeton</a> University - Prudent planning helps University deal with volatile economic conditions](<a href=“http://www.princeton.edu/main/news/archive/S22/64/34E22/index.xml?section=topstories]Princeton”>http://www.princeton.edu/main/news/archive/S22/64/34E22/index.xml?section=topstories)</p>