Particle.news

Download on the App Store

University of Chicago Unveils $100 Million Cuts to Close Structural Deficit

Leaders cite a persistent structural deficit after a $288 million shortfall in 2024.

Overview

  • The university will reduce its internally funded PhD population by about 30% by 2030–31 and pause admissions next year in multiple PhD programs and several master’s programs.
  • Faculty hiring will slow by roughly 30%, with new positions focused primarily on assistant professors.
  • Funding for more than 140 centers and institutes will drop by at least 20%, with reviews that may lead to restructuring or closures.
  • Capital plans are tightening as the Engineering and Science Building is scaled back and new projects will start only once 75% of funding is secured.
  • Administrative ranks will shrink through attrition after roughly 300 voluntary retirements last year and an additional 100–150 expected this fall, even as undergraduate enrollment is set to grow.