Colleges Face a Financial Reckoning. The University of Chicago Is Exhibit A.

The Wall Street JournalFriday, October 31, 2025 at 1:00:00 AM
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Colleges Face a Financial Reckoning. The University of Chicago Is Exhibit A.
The University of Chicago is facing significant financial challenges after running budget deficits for 14 consecutive years. While the university's strategy to invest heavily in raising its profile and enrollment initially paid off, the consequences of this spending are now becoming apparent as cuts are being implemented. This situation highlights the broader issues many colleges are grappling with in today's economic climate, making it a critical moment for higher education institutions to reassess their financial strategies.
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