
15/05/2025
Opinions expressed by the author are their own and do not necessarily reflect the views of The Signal or its staff.
The College is in a financial crisis. At least, that’s what many people on campus are calling it. Some administration officials may be hesitant to say it publicly, but the bottom line is that we’re struggling.
The College was sitting on just over $360 million in debt as of the end of the fiscal year that ended in June 2023, according to S&P Global Ratings, a leading global credit rating agency.
Students, faculty and staff are feeling the constraints of such a grim budget outlook. Class offerings are being reduced while class sizes increase. Some building maintenance is being deferred until it’s absolutely necessary. Academic departments are being restructured to prevent academic funding cuts, and department budgets are being downsized — all to save every dollar possible.
🖋️Tristan Weisenbach, Former Editor-in-Chief
📸 Courtesy of Marceline Hale