
Harvard's Arts and Sciences Faces $350 Million Budget Shortfall
Harvard University's Faculty of Arts and Sciences is facing a projected $350 million structural deficit, prompting plans for major long-term structural changes.
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Harvard University's Faculty of Arts and Sciences is facing a projected $350 million structural deficit, prompting plans for major long-term structural changes.

Harvard University reported a $113 million operating deficit for fiscal year 2025, its first in over a decade, despite its endowment growing to a record $56.9 billion.

Yale University is preparing for significant budget cuts after a new federal law raises the tax on its endowment gains, costing the institution an estimated $300 million annually.

US colleges and universities are facing a severe financial crisis due to declining enrollment, rising costs, and a potential drop in international students.

The University of Chicago is selling a key research institute for $375 million to address a budget deficit of over $200 million, driven by high debt and low returns.
Northwood University has announced a $2.5 billion campus expansion project, the Innovation Quarter, funded through a major public-private partnership.

SUNY College of Environmental Science and Forestry has announced a plan to cut $3 million in salary expenses, starting with a voluntary buyout program.