From The Daily Northwestern: Two months after the Trump administration froze $790 million in federal funding for Northwestern, University leadership introduced additional financial changes to address challenges in the wake of the freeze. A faculty and staff hiring freeze and reductions to the permanent administrative and academic budgets are among the measures announced in a Tuesday message to the NU community — adding NU to the growing list of universities cutting spending in a time of uncertainty for higher education.
In the message, University leadership stated NU has now reached a need to implement a “series of cost-cutting measures” to ensure fiscal stability, citing potential federal changes to increase the endowment tax, decreased international student enrollment and overall reduction in federal research funding. Other changes announced include future “modest” changes to employee tuition benefits, cutting merit salary increases, changes to NU’s health insurance program, reduction in planned investments for buildings and additional non-personnel budget reductions...
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