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Budget Cuts at Princeton University: What We Can Expect
Friday, 08 May 2020
by Jimin Kang
On May 4, Princeton University President Christopher Eisgruber announced that the impact of the COVID-19 pandemic on the university’s revenue streams has led to the need for “tough choices” and “financial discipline” in the months ahead. “We spend at a rate such that, absent growth, the entire endowment would be gone in 20 years,” he
Traveling to New York just got a little more expensive
Saturday, 03 April 2010
by Miriam Geronimus
Starting May 1, Princeton students may be using a little more cash when they head into the city for the weekend or take the train home on breaks. Having campaigned on a promise of tax cuts, New Jersey Governor Chris Christie has announced funding cuts to New Jersey Transit in order to balance the state
- Published in Princeton in the News
IN PRINT: Academic Neighborhoods and Budget Qualms
Monday, 22 February 2010
by Julia Bumke
Despite this year’s tighter budget and a slightly worse-for-wear endowment, President Tilghman is still thinking ahead towards breaking ground on new Neuroscience and Psychology buildings as part of an innovative Natural Sciences neighborhood (as The Ink reported earlier this week). While the natural sciences project is has been deemed “shovel-ready” by the powers-that-be, plans for
- Published in In Print
Tiger Mag brings oats to Harvard hobos
Saturday, 13 February 2010
by Miriam Geronimus
Remember when American universities started hurting from the recession? At Harvard, students were forced to go without hot breakfasts. Soup kitchens sprang up to help students through the whole thing (we heard). When they learned of the travesty that had befallen Harvard, Princeton’s very own Tiger Magazine set out to remedy the situation by bringing
- Published in Goings On
Tagged under:
budget cuts, Harvard, hobos, hot breakfast, pranks, recession, School rivalry, The Princeton Tiger
On Tilghman’s Mind: Neuroscience and an Empty Frick
Monday, 08 February 2010
by Brian No
What’s on Shirley Tilghman’s mind these days? Besides dealing with a $3.7 billion drop in the University’s endowment (thanks, Great Recession!), Tilghman said at this afternoon’s CPUC (Council for the Princeton University Community) meeting that moving ahead with establishing the nation’s premier neuroscience department is her biggest priority. Tilghman also said the lack of funding
Tagged under:
budget cuts, CPUC, Frick Laboratory, neuroscience and psychology building, Shirley Tilghman
IN PRINT: Princeton Cuts Budget While Increasing Workers’ Salaries
Thursday, 05 March 2009
by Samantha Pergadia
Princeton University has an $82 million budget-cutting plan set for the new fiscal year, Princeton administrators told members of the community during a town hall meeting on Wednesday afternoon. Princeton currently has an operating budget of $1.3 billion, 48 percent of which comes from investment income while 29 percent came from student fees, 16 percent
- Published in In Print, Princeton in the News