Multiple colleges and universities, including some ultrawealthy ones, have announced plans to cut jobs and academic programs, as well as implement other changes, due to financial challenges driven by a range of factors.
For some institutions, belt-tightening measures are directly tied to the economic forces battering the sector as a whole: declining enrollments, rising operating costs and broad economic uncertainty. For others, financial pressure from the Trump administration, which has frozen federal research funding at multiple institutions, prompted cuts. State lawmakers have also forced program reductions at some public institutions.
Here’s a look at job and program cuts and other cost-cutting efforts announced in August.
University of Chicago
Despite its $10 billion endowment, the private institution is slashing expenses by $100 million, shedding 400 staff jobs and pausing admissions into multiple graduate programs.
Chicago president Paul Alivisatos wrote in a statement to faculty that the university’s financial woes are twofold, tied to a persistent operating deficit, with expenditures outpacing revenues, combined with the “profound federal policy changes of the last eight months [that] have created multiple and significant new uncertainties and strong downward pressure on our finances.”
In recent years, UChicago has been squeezed by debt, which has ballooned to more than $6 billion as leadership continued to invest in building projects, prompting critics to question how well administrators have managed the institution’s finances.
Middlebury College
The private liberal arts college in Vermont is shutting down the Middlebury Institute of International Studies at Monterey, across the country in California, officials announced last week.
Middlebury president Ian Baucom said the university is winding down graduate programs at the campus over a period of two years. Managing such graduate programs was “no longer feasible,” said Baucom, who added that the decision was made for financial reasons.
Earlier this year, the college announced it was taking action to close a budget deficit that was projected to be as high as $14.1 million. In that announcement, officials said the Middlebury Institute of International Studies was responsible for $8.7 million—more than half—of the shortfall.
Middlebury plans to sunset programs at the California campus by June 2027.
University of New Hampshire
Officials at the public university in Durham last month announced the elimination of 36 jobs, 13 of which were vacant, and 10 employees had their hours reduced, according to The Portsmouth Herald.
The layoffs are part of an effort to cut $17.5 million from UNH’s budget.
University president Elizabeth Chilton also announced other cost-cutting efforts last month, including “scaling back professional development, student employment, building hours, dining hall hours, travel, printing, and other support services.”
Carnegie Mellon University
The private research university in Pittsburgh laid off 18 employees in administrative and academic support roles in early August, WESA reported, and more changes are on the horizon.
Those cuts and other moves are part of an effort to reduce expenses by $33 million, President Farnam Jahanian wrote in a message to campus last month, noting that CMU is not operating at a deficit but is “facing significant constraints and unprecedented uncertainty.” Jahanian pointed to lower-than-expected graduate tuition revenues and federal research funding challenges.
CMU has also paused merit raises and limited hiring. While Carnegie Mellon is undertaking a review of education offerings, Jahanian wrote that “we do not have broad layoffs planned.” Jahanian added that such measures remain “a last resort.”
Bennington College
The private liberal arts college in Vermont announced in mid-August that it was eliminating 15 staff jobs “as part of ongoing efforts to address budget challenges,” VT Digger reported.
In an announcement, President Laura Walker called the cuts “a painful moment” but noted that, like its peer institutions, Bennington is “confronting an uncertain economy and a challenging overall environment for higher education.” She added that no “regular faculty positions” were cut and that the college is providing severance to affected employees.
Utah State University
The public institution laid off seven full-time researchers last month after the federal government terminated grants that supported those jobs, The Salt Lake Tribune reported.
The layoffs precede what will likely be deep cuts across multiple public universities in the state, forced by new laws that require institutions to cut some programs and positions and reinvest in others that lawmakers argue are better aligned with workforce needs. So far eight institutions have proposed axing 271 programs and 412 jobs, though those cuts still await final state approval.
Ohio University
Fallout from the Advance Ohio Higher Education Act, which went into effect in June, continues as Ohio University announced plans to suspend 11 underenrolled programs and merge 18 others.
The new law requires universities to take action on underenrolled programs, though Ohio University officials noted that they have submitted waiver requests to continue offering seven other programs that fall below the required threshold of at least five graduates, on average, across the past three years. The institution is seeking a waiver for undergraduate offerings in economics, dance, music therapy, nutrition science and hospitality management, among other degree programs.
Officials cited state workforce needs or “the unique nature” of the programs in waiver requests.
University of Connecticut
Following a review that began last fall, trustees of the public system approved the closure of seven academic programs with low enrollment—four graduate certificate and three degree programs, CT Insider reported.
Nearly 70 other programs are being monitored for enrollment and completion rates. Officials called the review process “good academic housekeeping.”
Milligan University
Citing the need to “exercise strong fiscal management,” officials at the Christian college in Tennessee announced they are suspending enrollment in six degree programs, WJHL reported.
Milligan will no longer accept students in film, journalism, computer science, cybersecurity, information systems or a graduate coaching and sports management program. University officials pointed to falling enrollment in those programs when they announced the changes.
University of Nebraska
The public university system is offering buyouts to faculty members across all its campuses as part of an effort to address a $20 million budget shortfall, Nebraska Public Media reported.
Tenured faculty members older than 62 with at least 10 years of service at Nebraska are eligible to opt in to the voluntary separation incentive program, which opened this week and closes on Sept. 30. Faculty members that opt in will receive a lump-sum payment amounting to 70 percent of their annual base salary and remain employed through June or August, depending on their contract.
University of California, Los Angeles
One of the wealthiest institutions on this list, UCLA announced last month that it has temporarily paused faculty hiring and is making other belt-tightening moves.
Officials also said UCLA is looking to “streamline services,” starting with information technology.
The public university’s move comes at least partly in response to its standoff with the Trump administration, which froze hundreds of millions in research funding to the university last month as it pressured administrators over alleged antisemitism on campus. (Some funding has been restored by a court order.) The Trump administration has also demanded a $1 billion payout from the university, which California governor Gavin Newsom called “extortion.”
University of Kansas
The public university announced last month that it was implementing a temporary hiring freeze as administrators aim to reduce spending by $32 million, The Lawrence Journal-World reported.
“We are again navigating an uncertain fiscal environment because of external factors, such as disruptions to federal funding, changes in federal law, stagnant state funding, rising costs, changes in international enrollments, and a projected nationwide decline in college enrollment,” KU officials wrote in a message to campus.
