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University of Chicago considering bankruptcy
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Date: August 17th, 2025 3:52 PM Author: ''"'''"''"''''"'' The University of Chicago has now borrowed $6.3 billion, more than 70 percent of the value of its endowment. The cost of servicing its debt is now 85 percent of the value of all undergraduate tuition. This is not normal. No peer institution has a debt-to-asset ratio greater than 26 percent. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192296) |
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Date: August 17th, 2025 10:19 PM Author: ..;.;:.;.;..:..;,;,;. They internalized budgeting from the city of Chicago. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193309) |
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Date: August 18th, 2025 12:07 AM Author: animeboi (.) . (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193556) |
Date: August 17th, 2025 3:54 PM Author: Pope Leo XXX uh link? (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192301) |
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Date: August 17th, 2025 4:07 PM Author: Nothing Ever Happens (🧐) https://www.compactmag.com/article/the-crisis-of-the-university-started-long-before-trump/ (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192324) |
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Date: August 17th, 2025 4:14 PM Author: cannon “This summer it proposed to “merge” (read: “close”) departments; send some students online—or perhaps put them on buses—to study at other institutions; and teach some languages via ChatGPT.”
LJL |
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Date: August 17th, 2025 4:17 PM Author: butt cheeks (✅🍑) it fills my heart with joy to see universities suffer but I wish it was a bunch of other universities rather than Chicago in the deepest crisis (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192348) |
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Date: August 17th, 2025 7:46 PM Author: ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, cr. they still have large pockets of non-woke professors and departments. so many LACs need to die first. |
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Date: August 17th, 2025 9:12 PM Author: https://imgur.com/a/o2g8xYK Chicago was only the poorest school in its tier. I'm sure plenty of shit tier schools are hurting worse (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193106) |
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Date: August 17th, 2025 10:14 PM Author: https://imgur.com/a/o2g8xYK The only reason I have any sympathy for them is because they aren't total corporate whores like UPenn where everything has a company's logo on it. They tried to maintain some integrity while spending gobs of money to look maintain appearances. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193303) |
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Date: August 17th, 2025 3:55 PM Author: ,.,.,:,,:,..,:::,...,:,.,..:.,:.::,. another Boomer bust out (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192302) |
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Date: August 17th, 2025 5:25 PM Author: David Justice tp (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192496) |
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Date: August 17th, 2025 5:29 PM Author: See Ex. C at Bates No. 000001 (gunneratttt) (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192509) |
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Date: August 17th, 2025 3:56 PM Author: reracination is based What kind of nefarious shit have they been funding (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192305) |
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Date: August 17th, 2025 3:59 PM Author: Upper Middle Class Dad in quarter zip golf pullove You'd think with all the famous economists there they'd be extra good with money (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192310) |
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Date: August 17th, 2025 4:00 PM Author: reracination is based They erected a giant penis building for an economist who was wrong about everything basically (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192312) |
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Date: August 17th, 2025 4:11 PM Author: potluck (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192329) |
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Date: August 17th, 2025 4:12 PM Author: Nothing Ever Happens (🧐) https://www.reddit.com/r/ProfessorFinance/comments/1mqeaig/comment/n8rfc66/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192333) |
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Date: August 17th, 2025 7:08 PM Author: iPhone 17 Air lmao (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192790) |
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Date: August 17th, 2025 7:23 PM Author: Nazca Redlines (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192845) |
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Date: August 17th, 2025 7:43 PM Author: Ass Sunstein (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192907) |
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Date: August 17th, 2025 8:42 PM Author: .:.::;.:.;.::.;.:; (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193055) |
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Date: August 17th, 2025 10:00 PM Author: Pumonymous (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193267) |
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Date: August 17th, 2025 10:14 PM Author: I Listen to Porn Podcasts (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193299) |
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Date: August 17th, 2025 4:05 PM Author: battlefield 1488 Lol they're revoking mig's degree (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192319) |
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Date: August 17th, 2025 4:11 PM Author: butt cheeks (✅🍑) and because they're in a slum they can't sell some land and make a bundle lol (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192332) |
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Date: August 17th, 2025 4:18 PM Author: Bates No. 000001 ((zurich is stained)) Candy ride, explain yourself (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192350) |
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Date: August 17th, 2025 4:21 PM Author: AZNgirl Putting Dad In Punjabi Driven Truck ljl the "Chicago School of Economists" has influenced the world, graduating economists that have gone on to work in high level roles in such prestigious economies as Indonesia, Argentina, and Zambia (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192357) |
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Date: August 17th, 2025 4:25 PM Author: reracination is based (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192374) |
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Date: August 17th, 2025 7:21 PM Author: https://imgur.com/a/o2g8xYK Indonesia was more affected by the "Berkeley Mafia"
https://en.wikipedia.org/wiki/Berkeley_Mafia
I don't think Chicago School had a ton of influence internationally. It was recognized and studied abroad but not wholesale adopted the way it was in America. |
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Date: August 17th, 2025 7:27 PM Author: AZNgirl Putting Dad In Punjabi Driven Truck yea nigga mixed that up but i think some other fags went to chicago, it actually worked in chile (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192857) |
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Date: August 17th, 2025 8:33 PM Author: https://imgur.com/a/o2g8xYK Like two countries in Latin America in the 70s. Milton Friedman said Hong Kong had the best economy in the world when it was a UK colony, but I'm pretty sure no one in HK ever read his books (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193029) |
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Date: August 17th, 2025 4:28 PM Author: Emperor CRISPR Chad von Neumann III Without doing any research, I’m sure that this traces back to Boomers. Admins and other “owners” probably did some university version of a dividend recap, loading the place up with debt a-la the PE playbook, and then plan to head for the south Florida riviera with their “profits.” (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192384) |
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Date: August 17th, 2025 5:25 PM Author: David Justice tp (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192495) |
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Date: August 17th, 2025 5:48 PM Author: AZNgirl Putting Dad In Punjabi Driven Truck and women, women are 180 and understand that money grows on trees and its better to spend now (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192546) |
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Date: August 17th, 2025 5:26 PM Author: Bob Rooney if true, nooses now. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192499) |
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Date: August 17th, 2025 5:49 PM Author: AZNgirl Putting Dad In Punjabi Driven Truck their budget office ljl i knew it
https://budgetoffice.uchicago.edu/about/people/ |
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Date: August 17th, 2025 7:06 PM Author: Bob Rooney im surprised they even have a token male at the top (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192779) |
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Date: August 17th, 2025 7:10 PM Author: most prestigious They handed out Deewy Leboeuf contracts to get profs to move. Leiter got a 10 year 100 million dollar deal (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192804) |
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Date: August 18th, 2025 1:53 AM Author: fascinating discourse Not what I was expecting… (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193662) |
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Date: August 17th, 2025 7:09 PM Author: jew hater 180 (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192794) |
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Date: August 17th, 2025 7:26 PM Author: Nazca Redlines Bankruptcy mastermen: Is bankruptcy appropriate for an entity that has investments that exceed its liabilities by over $1B? Shouldn't the bankruptcy court's answer be, "Use your endowment, which exceeds your debts, to pay the money you owe"? (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192855) |
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Date: August 17th, 2025 7:59 PM Author: ponyboy curtis (If I May, tp) I think endowment funds are usually tightly restricted in how they're used. For example, the donor might specify that the money be used for minority scholarships or other communist agitprop. Only a small number of donations can be used for operational needs. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192936) |
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Date: August 17th, 2025 9:14 PM Author: https://imgur.com/a/o2g8xYK How can the university borrow against endowment funds it doesn't control? I hope that's not a dumb question. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193111) |
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Date: August 17th, 2025 10:06 PM Author: state your IQ before I engage you further When borrowing money, the endowment is 1800000 models and bottles When spending money, the endowment is my lil restricted guy ;) |
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Date: August 17th, 2025 7:29 PM Author: https://imgur.com/a/o2g8xYK It was always a poor school. Its per capita endowment was a fraction of Northwestern's last I checked, which may have been several decades ago. Princeton always seemed like the daddy, and there are a few niche colleges like Grinnell that sit on yuge per capita endowments. Oberlin was also rich per capita IIRC, and Rice was so rich it gave free tuition to Texas residents until recently. Harvard endowment is yuge but IIRC they also borrowed heavily against it like UofC. Not sure Princeton ever had to do that. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49192860) |
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Date: August 17th, 2025 8:39 PM Author: cowshit https://www.institutionalinvestor.com/article/2bswze3jqckhucjb7oe0w/culture/how-university-of-chicago-howard-other-endowments-are-tackling-asset-managements-big-problem (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193045) |
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Date: August 17th, 2025 8:44 PM Author: cowshit Btw, it isn’t the bonds that sink them. It isn’t the debt. It’s the empty hallways where no firm comes. The students sit with their useless résumés and their borrowed money and their bad degrees. Without OCI they are cattle without a market. In 2025 a boy leaves Hyde Park with his parchment and his pride and he earns $27,000k. That is the joke. The debt is theater. The real rot is that there is no ladder out. The school takes their money, borrows more, and laughs. Debt on debt. Pride on pride. It is all a con. And the worst of it is the students believe they are different. They are not. They are broke and ordinary. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193057) |
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Date: August 17th, 2025 10:00 PM Author: lex "And yet, after a brief amelioration, the faculty-student ratio at the University of Chicago has gotten worse nearly every year from 2011 to 2024, for the very simple reason that the University of Chicago placed itself so deeply in debt it could conceive no other way out. (There were plenty of ways out.)" Ljl |
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Date: August 17th, 2025 10:10 PM Author: https://imgur.com/a/o2g8xYK I kept waiting for the authors to suggest one other way out (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193292) |
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Date: August 17th, 2025 10:24 PM Author: battlefield 1488 (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193320) |
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Date: August 17th, 2025 10:14 PM Author: I Listen to Porn Podcasts Free markets will handle this fine (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193302) |
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Date: August 17th, 2025 10:25 PM Author: dontcallmesurely I used to work there. The University spent a lot of money on new buildings and “invested in the community” in an effort to encourage more students/professors to live close to campus. There was a revolving door at CFO. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193321) |
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Date: August 17th, 2025 10:38 PM Author: battlefield 1488 WE NEED MO MONEY FO DEM COMMUNITY N FACULTY PROGRAMZ (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193357) |
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Date: August 17th, 2025 10:42 PM Author: ,,,,.,,,,.,.,,.....,.,,.,...,,.. “more teaching will be done by people with no formal contact with research.”
That’s actually a positive shift. Many professors dislike teaching, aren’t particularly good at it, and view it as an obligation that distracts from their research. Better to have classes taught by instructors whose sole focus is teaching. |
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Date: August 17th, 2025 11:23 PM Author: reracination is based You can't respect a college "professor" that doesn't do research. The whole bit is premised on them being smarter than you. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193484) |
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Date: August 18th, 2025 12:05 AM Author: lazy unqualified h1b scamjeet most college freshmen have no idea what research their prof does, or are even aware of the publish-or-perish promotion model. do you think they respect a checked out boomer who doesn't explain things well because he published a few journal articles 10 people read? (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193551) |
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Date: August 18th, 2025 12:17 AM Author: https://imgur.com/a/o2g8xYK Yes you can. The University of Paris used to treat lecturing as a bloodssport where students were invited to critique the lecturer and find gaps in his knowledge. A good teacher was a lecturer who could take the heat and dish it back. One guy was so good his adversaries castrated him
https://en.m.wikipedia.org/wiki/Peter_Abelard
Didn't "publish" SHIT until after he was castrated. Or if he did it's not what aggro'd the other faculty in Paris |
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Date: August 17th, 2025 10:55 PM Author: azn "girl" cumming in TT's ass It’s been downhill ever since Karlstack left (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193408) |
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Date: August 17th, 2025 11:25 PM Author: OldHLSDude Pull up their 990 and look at the reported salaries. Pretty juicy. (http://www.autoadmit.com/thread.php?thread_id=5763372&forum_id=2)#49193486) |
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Date: August 18th, 2025 12:04 AM Author: Emperor CRISPR Chad von Neumann III $40 million in annual payroll toward sinecures for 29 Boomers. Almost $3.5 million to the former president. Not a single giant sports contract on the list, just all admins and professional school leaders.
Two of whom must be delighted to have their line items unreadable because they got cut off between pages of the PDF. |