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As endowment tax looms, Princeton asks departments to make plans for ‘permanent’ budget cuts, warns of potential layoffs
Christopher Bao and Annie RupertusPrinceton asked all departments and University units to prepare “separate plans for 5 percent and 10 percent permanent budget cuts to be phased in over the next three years in a memo sent Monday. Administrators warned of layoffs as the University prepares for a potential federal endowment tax, set to be debated in Congress later this week.
Princeton asked all departments and University units to prepare “separate plans for 5 percent and 10 percent permanent budget cuts to be phased in over the next three years in a memo sent Monday. Administrators warned of layoffs as the University prepares for a potential federal endowment tax, set to be debated in Congress later this week.
Daily Newsletter: May 12, 2025
Caleb Bello, Avery Danae Williams, and Annika PlunkettSecretary of Defense Pete Hegseth ’03 ‘plagiarized’ small portions of his senior thesis, experts say. How serious is it? Your Daily ‘Prince’ briefing
Secretary of Defense Pete Hegseth ’03 ‘plagiarized’ small portions of his senior thesis, experts say. How serious is it? Your Daily ‘Prince’ briefing
$56,000 in debt at graduation is not the financial aid Princeton advertises
Avi CheslerTake my story as an example — despite repeated evidence, both before and after taking out loans, that I would be unable to pay what Princeton asked of me — the University never set a cost that I could truly meet loan-free.