University of Chicago freezes PhD admissions, reduces staff and programs to address $288 million budget deficit

The University of Chicago is implementing $100 million in budget cuts due to a $288 million deficit, impacting faculty hiring, PhD program admissions, and research funding. These measures aim to address slowed federal funding, potential enrollment declines, and rising costs. Despite the reductions, the university plans to grow undergraduate enrollment and maintain academic quality through strategic adjustments.

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