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Money woes hit U S colleges as deficits rise
A broad financial slump drives colleges to freeze faculty salaries cut courses and trim services. Columbia faces an $15 million deficit this year while endowment constraints limit spending. Public and private schools see reduced state funds donations dip and new cost cutting across campuses.
MENTIONED IN THIS ARTICLE
Ralph Halford
Columbia University
Columbia
Halford
University of Pennsylvania
Pennsylvania Assembly
University of Pittsburgh
Michigan
West Virginia
University of California
California
Glen Dumke
California State College System
Johns Hopkins University
Baltimore
Northwestern University
Chi