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.
Inflation
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
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.