From the Cornell Daily Sun: ...The Trump administration’s freezing of over $290 million in federal funding for Cornell, while restored with by a settlement in November, had caused “real independent damage to faculty, to faculty careers, to young people’s careers, to graduate studies and [to] post doc careers,” [Cornell President Michael] Kotlikoff told the Faculty Senate in January. The One Big Beautiful Bill Act, passed by Congress in July 2025, affected federal financial aid in the form of “new loan limits, new loan repayment options, and updated eligibility requirements, for both current and future students,” according to the Cornell Office of Financial Aid.
Additionally, international student enrollment is at risk due to visa changes, international student concerns about job opportunities and political concerns, Kotlikoff said, adding that both international graduate student enrollment and applications have decreased.
To address the financial challenges caused by these issues, the University is undertaking a workforce realignment and the centralization of student resources and programs with the intention of improving efficiency, Kotlikoff said. He added that while the University is continuing to hire new applicants, the process is occurring at a slower pace...
Full story at https://www.cornellsun.com/article/2026/03/president-kotlikoff-lays-out-cornell-financial-plans-at-employee-assembly-meeting.
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