Tag: million

  • Columbia University Faces $400 Million Federal Funding Cut in the Wake of Antisemitism Concerns

    Columbia University Faces $400 Million Federal Funding Cut in the Wake of Antisemitism Concerns

    Dr. Katrina ArmstrongColumbia University is grappling with significant financial challenges after the Federal Task Force to Combat Antisemitism announced $400 million in cuts to federal funding, a development that Interim University President Dr. Katrina Armstrong says will “touch nearly every corner of the University.”

    The task force described the cuts as a consequence of Columbia’s “continued inaction in the face of persistent harassment of Jewish students” and warned that this represents only the “first round of action,” with “additional cancellations” to follow.

    This announcement comes just four days after the task force revealed it would consider stop work orders for $51.4 million in contracts between Columbia and the federal government and conduct a “comprehensive review” of more than $5 billion in federal grant commitments to the institution.

    In her communication to the Columbia community, Armstrong acknowledged that the cuts would have an immediate impact on research and critical university functions, affecting “students, faculty, staff, research, and patient care.” Federal funding constituted approximately $1.3 billion of Columbia’s annual operating revenue in the 2024 fiscal year.

    “There is no question that the cancellation of these funds will immediately impact research and other critical functions of the University,” Armstrong wrote in en email to the campus community, while emphasizing that Columbia’s mission as “a great research university does not waver.”

    The situation at Columbia highlights the increasing tensions between academic institutions and the Trump administration, particularly regarding how universities respond to claims of antisemitism on campus. Since October 2023, Columbia has been at the center of pro-Palestinian student protests, drawing federal scrutiny, especially from the Trump administration.

    President Trump recently stated on Truth Social that “All Federal Funding will STOP for any College, School, or University that allows illegal protests.”

    Armstrong, who assumed her interim position following former University President Minouche Shafik’s resignation in August 2024, described Columbia as needing a “reset” from the “chaos of encampments and protests.” She emphasized that the university “needed to acknowledge and repair the damage to our Jewish students.”

    Armstrong affirmed the university’s commitment to working with the federal government on addressing antisemitism concerns, stating: “Columbia can, and will, continue to take serious action toward combatting antisemitism on our campus. This is our number one priority.”

    Armstrong, however, did not outline specific plans for how Columbia would adapt to the significant loss of federal funding, instead focusing on the university’s broader mission and values.

    “Antisemitism, violence, discrimination, harassment, and other behaviors that violate our values or disrupt teaching, learning, or research are antithetical to our mission,” Armstrong noted. “We must continue to work to address any instances of these unacceptable behaviors on our campus. We must work every day to do better.”

    The situation at Columbia raises important questions for higher education institutions nationwide about balancing free speech, campus safety, and federal compliance in the age of the Trump presidency. As universities increasingly face scrutiny over their handling of contentious social and political issues, the consequences—both financial and reputational—can be severe.

    Armstrong called unity within the Columbia community to maintain the university’s standing and continue its contributions to society.

    “A unified Columbia, one that remains focused on our mission and our values, will succeed in making the uncommonly valuable contributions to society that have distinguished this great university from its peers over the last 270 years,” she said. 

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  • Florida Dreamer Tuition Policy Reversal Threatens $25 Million Economic Impact

    Florida Dreamer Tuition Policy Reversal Threatens $25 Million Economic Impact

    Education advocates and immigration policy experts are warning of significant economic, and workforce impacts following Florida’s decision to rescind in-state tuition waivers for undocumented students who graduated from Florida high schools. The policy change, signed into law by Governor Ron DeSantis, marks a significant shift in the state’s approach to higher education access for Dreamers.

    The decision is expected to cost Florida institutions approximately $25 million in tuition and fees, according to TheDream.US, a national organization supporting higher education access for Dreamers. The organization’s President and CEO, Gaby Pacheco, a long-time Miami resident, said that the impact extends beyond immediate financial consequences, potentially affecting Florida’s future workforce development and economic growth.

    “Our state is turning its back and hindering the potential of students who have succeeded throughout their K-12 education,” says Pacheco, noting that many affected students arrived in the United States at an average age of six years old. The organization has already helped more than 600 Florida-based Dreamers graduate college, with many now working as nurses, teachers, engineers, and entrepreneurs within the state.

    The Presidents’ Alliance on Higher Education and Immigration, through its Director of Policy and Strategy Diego Sánchez, points to concerning workforce implications. With Florida facing shortages in healthcare, teaching, and STEM fields, the policy change could exacerbate existing gaps in critical sectors. Sánchez, himself a former undocumented student in Florida, argues that the state risks losing bilingual, skilled professionals to other regions with more inclusive education policies.

    The impact of this policy shift could be particularly significant given Florida’s traditional role as a hub for educational and economic opportunity. Critics argue that the change contradicts the state’s historical position as a beacon of dynamism and opportunity, potentially deterring talented students from pursuing higher education in Florida.

    Advocates point out that many affected students are deeply integrated into Florida communities, having completed their entire K-12 education in the state’s public schools. The new policy, they argue, creates barriers for these students to continue their education and contribute to the state’s economy, potentially forcing them to either abandon their educational pursuits or seek opportunities in other states with more favorable policies.

    As this policy takes effect, educational institutions and advocacy groups are working to assess the full scope of its impact on Florida’s educational landscape and future workforce development. The change represents a significant shift in Florida’s approach to higher education access and raises questions about the state’s long-term economic and workforce strategy.

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  • Brown faces $46 million budget deficit

    Brown faces $46 million budget deficit

    Brown University, one of the nation’s wealthiest institutions, is facing a $46 million structural deficit, prompting efforts to limit growth in hiring and doctoral programs.

    “Without changes to the way Brown operates, the structural deficit is expected to continue to deepen significantly, including a deficit next year that would grow to more than $90 million, with steady increases in subsequent years. Although the current deficit of $46 million is only 3% of Brown’s total operating budget, increases in the deficit over time are not sustainable,” Provost Francis J. Doyle III and Executive Vice President for Finance and Administration Sarah Latham announced in a letter to the community on Dec. 17.

    Officials noted a range of factors driving the deficit, including flat undergraduate tuition revenue growth, increased financial aid, inflation and rising salaries and benefits.

    Brown announced a four-pronged plan to “constrain the deficit.”

    First, the institution will “hold faculty headcount growth to 1%” and limit the growth of staff members “not fully funded externally by grants and gifts” at zero percent, according to the letter from administrators. In addition, Brown will reduce admissions targets for Ph.D. programs, which have grown rapidly in recent years. The university also plans to “hold growth in unrestricted operating expenses to 3%.” Finally, the letter noted the university will work to “continue to grow master’s [program] revenue, ultimately doubling the number of residential master’s students and increasing online learners to 2,000 in five years.”

    While officials did not announce job cuts as they grapple with the yawning budget deficit, the message noted Brown will review vacancies “to determine if they will be refilled.”

    Brown is among the richest universities in the U.S. with an endowment valued at $7.2 billion. Last year, a study of endowments put Brown just beyond the top 25 wealthiest institutions.

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