The piece says Chicago spends an unusually large share of undergraduate tuition servicing debt, while cutting the faculty‑student ratio and hiring hundreds of lecturers. Students pay more for less contact with research‑active faculty.
— This reframes affordability and value debates by tying declining instructional quality directly to balance‑sheet choices, not just administrative bloat.
Clifford Ando
2025.08.14
100% relevant
Statement that 'none spends remotely as large a percentage of tuition on servicing debt' and that the endowment shrank due to asset liquidation.
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