Happy Holidays!

Holiday greetings from the NAICU staff to our members, and to our friends across higher education and the higher ed policy-making world.  Visit our holiday greetings page for links to a selection of the e-greetings our members have posted this year.

    

NAICU's University & College Accountability Network

MIT announces spending cut for next year

Associated Press

November 18, 2008

The Massachusetts Institute of Technology says it will cut next year's budget by 5 percent, about $50 million, because of the declining global economy. MIT President Susan Hochfield and Provost Rafael Reif said in a letter to the university community Tuesday they also plan to cut spending by 10 to 15 percent over the next two or three years and delay a dormitory renovation.

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