https://www.chicagobusiness.com/education/university-chicago-braces-220-million-deficit
And the school will take steps "beyond salary and hiring freezes in response."
Uh oh. That's not good.
Also, being much more in debt than other peer schools does not help.
Honestly, COVID looks poised to set Chicago back, perhaps more than its peers with better finances.
I know, I know, I harp on Chicago's finances - but where's that rumored $10B campaign when we need it?
(Also, if ever there was the time for one of our billionaire board members to step up and give a couple billion to Chicago...)
And the school will take steps "beyond salary and hiring freezes in response."
Uh oh. That's not good.
Also, being much more in debt than other peer schools does not help.
Honestly, COVID looks poised to set Chicago back, perhaps more than its peers with better finances.
I know, I know, I harp on Chicago's finances - but where's that rumored $10B campaign when we need it?
(Also, if ever there was the time for one of our billionaire board members to step up and give a couple billion to Chicago...)