Why are universities w/ multi-billion $$ endowments announcing wage cuts/freezes, hiring freezes, letting “non-essential” workers go, etc.? This article, shared by many folks already, goes a long way towards explaining things: https://bit.ly/2X8x8L3
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(I really don't understand the reason for such their structure. For many smaller/poor schools this will be a catastrophe they can't recover from. I'd hope the multi-billion endowment ones would be able to protect staff/students/quality even if it meant being back at, say, 2010).
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