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Expect Growing Pains: University Presentation Reveals Severe Financial Pressures

The University finds itself grappling with ballooning costs and a dramatically increased budget deficit. These changes are causing severe financial pressures as UChicago has attempted to catapult itself into contention with universities that have far larger endowments over the past two decades. Provost Katherine Baicker and newly appointed Chief Financial Officer Ivan Samstein provided details...
United States Clifford Ando John Boyer Michael Dinerstein Ivan Samstein Katherine Baicker

Student Loan Payment Freeze Increased Personal Debt: Study

The decision to freeze student loan payments in 2020 as part of the response to COVID-19 may have actually led some households to take on more debt. That's the paradoxical conclusion of researchers from the National Bureau of Economic Research, according to a working paper published this month. In 2020, at the peak of uncertainty
United States Constantine Yannelis Michael Dinerstein Ching Tse Chen National Bureau Of Economic Research National Bureau

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