
University of Chicago freezes PhD admissions, reduces staff and programs to address $288 million budget deficit – The Times of India
The University of Chicago has announced significant budget reductions totaling $100 million as it confronts a $288 million structural deficit for 2024. With an operating budget of $3.2 billion, the university is taking steps to ensure long-term financial stability while continuing to uphold its reputation for academic excellence and research leadership. Understanding the budget challenge…