Colleges Face a Financial Reckoning. The University of Chicago Is Exhibit A. – Wall Street Journal

The school that produced Milton Friedman and 34 other Nobel Prize-winning economists is struggling to manage its pocketbook.
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Mark F
6 months ago

The sad thing is the success of the U of C is somewhat tied to the success of the city of Chicago. Something Chicago Mayoy Brandon Johnson is driving into the ground like a tent peg.

Taxpayer
6 months ago

Stop paying football coaches millions of dollars

Bob
6 months ago

When ratio of students to faculty and staff is 1-1 you think they can afford that ???

Irish Patriot
6 months ago

UChicago went on a DEI admissions spree accepting all sorts of diverse students from all around the world, many of whom have no ability to pay and struggle to get through course work. Half the school is reliant on financial aid and UChicago gives away $200 million a year in grants and scholarships. The 5% acceptance rate isn’t as much a reflection of the exclusivity as it is a reflection of every top 5% striver around the world applying through the common app hoping to get accepted and get some of that $200,000,000 a year, a student visa and then… Read more »

Wally
6 months ago

Fewer college age students demographically, students questioning value of college diplomas, more interest in trade schools (early earning power, less debt), too many designer degrees with no practical employment. If you’ve got the brains, what’s wrong with a U of I degree?

Fed Up Taxpayer
6 months ago
Reply to  Wally

You can go to out-of-state schools for less money and little to no DJT syndrome. The in-state tuition is, in some cases, double other in-state rates in the big ten. Out-of-state schools also give scholarships for academics, something Illinois has been missing lately and wondering why half the HS graduates leave.

Last edited 6 months ago by Fed Up Taxpayer
Fed Up Taxpayer
6 months ago

Great school but ironic that an institution known for analytics and economics can’t figure out how to financially run its operation without taking on massive debt. The epitome of what is wrong in Illinois.

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