Cornell faces budget cuts

<p>AP930. That Princeton thing was from the NYT Archives. The date on the article appears to be March 1993. Unless I missed it there is nothing on the PU website indicating they have stopped. There is a full Wrestling schedule for 2009-09.</p>

<p>The problem is current and is affecting many college endowments.</p>

<p>Here is a video released today (November 10, 2008) from MarketWatch on the problem:</p>

<p>[MarketWatch</a> - Video - College Endowments Falling Short](<a href=“http://www.marketwatch.com/video/asset/college-endowments-falling-short/AF97F1DD-D2A7-4D68-8A8A-8A38195439E2?SiteID=djm_HAMWRSSVideoH]MarketWatch”>http://www.marketwatch.com/video/asset/college-endowments-falling-short/AF97F1DD-D2A7-4D68-8A8A-8A38195439E2?SiteID=djm_HAMWRSSVideoH)</p>

<p>I DID check the date on this one ^_^. </p>

<p>[Harvard</a> seeking spending cuts amid economic crisis - Yahoo! News](<a href=“http://news.yahoo.com/s/ap/20081111/ap_on_re_us/harvard_university]Harvard”>http://news.yahoo.com/s/ap/20081111/ap_on_re_us/harvard_university)</p>

<p>Cornell is offering to raise $120 million more for financial aid <em>cheer</em>!</p>

<p>haha…they’d better not call me again and ask for more money!!! I’ve given them a lot this cycle :-)</p>

<p>How much does an alumni usually donate, or how much does the school ask an alumni to donate? <em>taking out calculator</em> hehehe (evil laugh)</p>

<p>The alumnus can donate whatever amount he/she is able to afford. Usually with the senior campaign most students give $20-$25…the Class of 2008 raised a significant amount :-D</p>

<p>You also have the option of designating where you’d like your donation to go (ie. unrestricted gift, to a specific college or athletic program). I donated a fairly significant amount of money (for the senior campaign) and requested that it be given to CALS. This way I feel a little bit better about the fact that I can’t really afford to donate money for a few years.</p>

<p>Colleges Struggle to Preserve Financial Aid</p>

<p><a href=“http://finance.yahoo.com/college-education/article/106133/Colleges-Struggle-to-Preserve-Financial-Aid[/url]”>http://finance.yahoo.com/college-education/article/106133/Colleges-Struggle-to-Preserve-Financial-Aid&lt;/a&gt;&lt;/p&gt;

<p>Even make harder to get financial aid…</p>

<p>i dont think the financial aid situation will be that bad, every year they try to get alumni to donate to a specific area and this year it was financial aid, so they SHOULD be well prepared</p>

<p>I’m going to post this on a new thread as well to alleviate some stress prospective students/families are feeling now. </p>

<p>[Cornell</a> Chronicle: Cornell enhances financial aid program](<a href=“http://www.news.cornell.edu/stories/Nov08/FinancialAidBoost.html]Cornell”>CU recommits to need-based financial aid for undergrads | Cornell Chronicle)

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