CFO Ivan Samstein and Provost Katherine Baicker Talk University Finances With The Maroon
The interview came a day after a budget town hall where a plan to eliminate the budget deficit by 2028 was introduced.
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The interview came a day after a budget town hall where a plan to eliminate the budget deficit by 2028 was introduced.
In a Q&A session following the presentation, faculty and staff criticized the University for straying from its core values.
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...
Like peers with big endowments and strong student demand, the private university in Chicago has managed through the pandemic with its ratings intact.
Climate Vault, a nonprofit begun by a University of Chicago (UChicago) team, has set its sights on curbing carbon dioxide (CO2) emissions by purchasing