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Endowment

Students Rally, Admin Expresses Concern Over Endowment Tax Bill

Students Rally, Admin Expresses Concern Over Endowment Tax Bill

Following the introduction of a bill that would tax all Massachusetts colleges and universities with endowments over $1 billion, a group of students has rallied support for the bill, while administrators expressed concerns over the effect of the tax on financial aid and college operations.

It’s Time To Pay It Forward

Assistant Opinion Editor Willow Delp ’26 and the undersigned students call for the college to support the Massachusetts Endowment Tax Act as evidence of its commitment to equity.

Budget Cuts Take Effect Across Campus

Budget Cuts Take Effect Across Campus

Reductions initiated last spring have forced departments across campus to find room in their budgets. Notable changes include scaled-back orientation activities and the end of the college’s contract with Xfinity on Campus.

College Anticipates 15 Percent Budget Cut

College Anticipates 15 Percent Budget Cut

All college departments and divisions have been asked to cut their budgets by 15 percent for the 2024 fiscal year in the wake of a decrease in the college’s endowment.

Budget Complicates New Student Center Construction

Budget Complicates New Student Center Construction

Staff Writer Emma Burd ’26 checks in on the progress of the college's long-term plans for a new student center, finding that a tighter budget and the declining endowment seem to be potential roadblocks to starting construction.

Endowment Declines 10 Percent Amid Nationwide Inflation

Endowment Declines 10 Percent Amid Nationwide Inflation

The college’s endowment declined 10 percent over the 2022 fiscal year due to high inflation, which is also increasing the college’s operating costs. The administration indicated that they expect to have to make cuts in the next few years as a result.