College announces plan to cut $100 million
Feb 9 | 12:00 am
Thirty-eight current employees will be laid off and full student grants for families with incomes over $75,000 will be will be eliminated as the first steps toward mitigating the College’s $100-million budget shortfall, College President Jim Yong Kim announced at a press conference Monday afternoon. The announcement follows the College Board of Trustees’ approval of a budget plan for the next two fiscal years at its meeting over the weekend. More»
Kim’s plan leaves implementation procedures to be specified by April
Feb 9 | 12:00 am
Despite Monday’s release of details concerning financial aid and layoffs — which together account for $10 million of the $100-million total budget reduction — several other aspects of the budget will be developed between now and the April Board of Trustees meeting, the College announced in a press release Monday. More»





