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Cornell Announces Budgetary Austerity Steps – The Cornell Review

Image: studyabroadfoundation.org On Friday, August 22, Cornell President Michael Kotlikoff issued an announcement regarding further financial steps for 2025-26. In the piece, President Kotlikoff states that “urgent action is necessary.” These measures address a budget deficit that results from “hundreds of millions of dollars in federal research contracts at Cornell terminated or frozen, and serious threats to future research funding, federal fi…
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The Cornell Review broke the news in on Saturday, September 6, 2025.
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