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.
Dear Maroon, I write in reply to Senior Advisor to the President John Boyer’s recent essay for The Maroon on the University of Chicago’s academic and financial health. I have the highest esteem for Boyer’s dedication to the University and especially the College. Alongside Hugo Sonnenschein and Robert Zimmer, Boyer is one of the architects.