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110 sats \ 0 replies \ @Undisciplined 31 Aug \ on: UChicago Forced into Austerity econ
The feds made some reforms to how grant funding can be used and it's obliterating university admin. Combined with the generally tighter federal funds, there's quite a squeeze on academia right now.
This has been a long time coming. Higher ed enrollments have been declining for the past decade and returns to college are zero for all but the very best students.