The University finds itself grappling with ballooning costs and a dramatically increased budget deficit. These changes are causing severe financial pressures as UChicago has attempted to catapult itself into contention with universities that have far larger endowments over the past two decades. Provost Katherine Baicker and newly appointed Chief Financial Officer Ivan Samstein provided details.
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Why do the pretty well off have the worst college acceptance rates? Kids whose parents make $158,200 to $222,400 a year have the worst odds of Ivy League acceptance.
We must recognize the fact that among the very top private universities in the United States, UChicago remains the most undercapitalized, owing in large part to the fateful collapse of its undergraduate enrollments in the 1950s, 1960s, and 1970s.
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