Intentar ORO - Gratis
As Trump goes after universities, students start to feel fiscal pain
Financial Express Pune
|March 07, 2025
IN THE EARLY weeks of the Trump administration's push to slash funding that colleges and universities rely on, grants and contracts had been cut and, in a few cases, researchers had been laid off. In recent days, the fiscal pain has come to students.
At the University of Pennsylvania, administrators have asked departments in the School of Arts & Sciences, the university's largest school, to cut incoming PhD students. In some cases, that meant reneging on informal offers, according to Wendy Roth, a professor of sociology.
Her department had to decide which of the students would be "unaccepted." Dr Roth, chair of graduate education, was chosen to explain those decisions to them. "It's just the most terrible thing to get that kind of news when your plans are made," she said.
Since taking office, Trump has issued orders that threaten to broadly undercut the financial foundation of university-based research, including deep cuts in overhead cost reimbursements through the National Institutes of Health (NIH). Court challenges have paused some of the cuts, but universities are bracing for uncertainty. Penn could face a $250-million hit in NIH funding alone.
Last month, Katie Miller, who is working with Elon Musk's team to trim spending, said the cuts would end "liberal DEI deans' slush fund."
In some cases, schools are pre-emptively cutting their expenses as a precautionary measure. North Carolina State University announced on February 14 that it was freezing most hiring. Stanford University announced on February 26 that it was freezing staff hiring. At the University of Louisville in Kentucky, President Kim Schatzel announced an "immediate pause" on faculty and staff hiring until July. She cited the potential loss of $20-23 million in NIH research funding. Dozens of other schools have announced hiring freezes or "chills."
Esta historia es de la edición March 07, 2025 de Financial Express Pune.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Financial Express Pune
Financial Express Pune
Asia airlines hike fares, eye groundings
AIRLINES IN ASIA are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.
1 min
March 11, 2026
Financial Express Pune
Bookings start for Mercedes CLA electric, priced at ₹55L
MERCEDES-BENZ INDIA HAS introduced the all-new CLA electric sedan at a starting price of ₹55 lakh (ex-showroom), marking the arrival of the brand’s smallest battery-powered sedan in the country.
1 min
March 11, 2026
Financial Express Pune
How to work better, every day
E-COMMERCE IS OFTEN framed as a game of ads and apps. The real challenge, however, is behind the scenes. As storefronts start to look alike, the gap is opening in how well companies run their operations.
2 mins
March 11, 2026
Financial Express Pune
SBI suspends Russia oil payments despite waiver
STATE BANK OF INDIA is not willing to process payments for Russian oil even after the US government issued a temporary waiver for India’s imports, as the country’s largest lender is uncertain how long the concession will last, according to people familiar with the matter.
1 min
March 11, 2026
Financial Express Pune
Emami Agrotech bets on food services, targets ₹2K-cr revenue
Company is open to acquisitions if they offer complementary product portfolios or stronger distribution networks in priority markets
2 mins
March 11, 2026
Financial Express Pune
Elbers quits as IndiGo CEO, Bhatia to hold the fort for now
FASTER NOD FOR PROPOSALS IN HIGH-TECH SECTORS
1 min
March 11, 2026
Financial Express Pune
Crude spike may inflate India’s LNG import bill
Cost may climb to $15.5/mmBtu; OMCs’ LPG losses deepen, says Icra
2 mins
March 11, 2026
Financial Express Pune
Anthropics is bringing something new to AI
They pre-judge the “oppressor” and “oppressed” categories. Such a framework ignores basic safeguards, due process, and balance
3 mins
March 11, 2026
Financial Express Pune
'Consumers to feel the pinch of AC price hikes from May'
Capacity shifts as geopolitical tensions disrupt major Gulf aviation hubs
3 mins
March 11, 2026
Financial Express Pune
Eateries in the soup as LPG runs out
Commercial LPG supply to restaurants across major cities has ground to a halt after a government order directed oil marketing companies to prioritise domestic households amid the closure of the Strait of Hormuz.
3 mins
March 11, 2026
Listen
Translate
Change font size
