<p>"Princeton University is planning to slash $170 million from its budget over the next two fiscal years . . . University President Shirley Tilghman said the cuts are needed because of an estimated $5 billion plunge in Princeton's endowment."</p>
<p>Princeton</a> University proposes $170M in budget cuts over two years - NJ.com</p>
<p>so, what does that mean for students applying in the next two years? less acceptances?</p>
<p>^ It will have no effect.</p>
<p>Wait… So does that mean the endowment is now 11.3 billion? Is it still the largest per student in the world? Will it recover? What percent of the budget was the 170 million?</p>
<p>[Harvard</a> College’s Faculty to Cut Budget 19 Percent in 2 Years - Bloomberg.com](<a href=“Politics - Bloomberg”>Politics - Bloomberg)</p>
<p>“Harvard Universitys Faculty of Arts and Sciences, the teaching body for most undergraduate classes at Harvard College, will slice $220 million from its budget over the next two years because of endowment losses.”</p>
<p>So the amenities and resources available will be tightened, not the number of students or financial aid available?</p>
<p>Bump. Any updates on this?</p>
<p>OMG, I think all Princetonians should panic! Please, its only 170 million out of what??? $10+ billion. Princeton is one of the richest college in the world. If Princeton crash, the sky is going to turn upside down, believe it!</p>
<p>Tutydau, 170 million in budget cut is a lot. And fyi 10 billion isn’t the annual budget</p>