A funky roommate named recession is settling in on campuses this fall as colleges and universities slash budgets for virtually everything from salad bars to ski teams. U.S. colleges and universities suffered, on average, a 23% endowment drop in the second half of last year, according to a study by a group of campus business officers. That reduction in funding has set off a scramble to freeze hiring, cut hours and hunker down until the economy improves. “Institutions will have to manage with less,” says Oberlin’s vice president for finance, Ron Watts. Here’s a look at how schools are getting creative with their wallets.
Maintenance
DICKINSON COLLEGE Is saving $150,000 a year by dumping its free laundry service
UNIVERSITY OF COLORADO Will curtail trash removal and window-washing to save $122,000
SUNY-CANTON Is holding on to $25,000 by mowing lawns less frequently
PITZER COLLEGE Will keep $80,000 by power-washing sidewalks and windows once, instead of twice, annually
Academics
ARIZONA STATE UNIVERSITY Cut 48 undergraduate and graduate programs, from art history to archaeology
WISCONSIN LUTHERAN COLLEGE Lost its political-science major
UNIVERSITY OF NEVADA, LAS VEGAS Will phase out its bachelor’s in health sciences
IDAHO STATE UNIVERSITY Cut some unpopular courses in German, Russian, Arabic and Chinese
GEORGIA STATE UNIVERSITY Told faculty and staff to take as many as eight days of unpaid leave
BROWN UNIVERSITY Instituted a hiring freeze
STANFORD UNIVERSITY Let go of 49 staffers from its graduate school of business
Dining
HARVARD UNIVERSITY Got rid of weekday hot breakfasts at undergrad dorms, saving $900,000
DAVIDSON COLLEGE Cut $10,000 in costs by using tap water at events
CARLETON COLLEGE Will save $3,800 by skipping shrimp and wine at annual faculty parties
CONCORDIA COLLEGE Reduced food waste by 40% when it ditched its cafeteria trays earlier this year
COLLEGE OF WOOSTER Closed a dining hall
Athletics
BRYN MAWR COLLEGE Saved $900 when its women’s swim team held a virtual meet against nearby Dickinson; each team’s swimmers raced in their home pool, and then they compared times to declare winners
MASSACHUSETTS INSTITUTE OF TECHNOLOGY Kept $485,000 by cutting eight varsity sports teams, including the hand-pistol, alpine-skiing and wrestling teams
WESTERN WASHINGTON UNIVERSITY Punted its 100-member football team, saving $485,000
FLORIDA INTERNATIONAL UNIVERSITY Asked its cheerleaders to hang up their pom-poms, saving $45,000
Communications
WHITTIER COLLEGE Eliminated one day of freshman orientation, saving $50,000
WHITMAN COLLEGE Sliced $20 from each student’s free-printing allotment
UNIVERSITY OF WASHINGTON Disconnected landlines in the communications department to save $1,100 a month
CORNELL COLLEGE Won’t update landline voice-mail systems in this era of cell phones
ROCHESTER INSTITUTE OF TECHNOLOGY Netted $10,000 by going digital, moving some athletics publications online
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