Standard & Poor’s, one of the Big Three credit rating agencies, revised its outlook on NU’s long-term revenue bonds to “negative” from “stable,” citing worries about the school’s increasing debt.
Northwestern is on track to bring the budget back to balance by the 2021 fiscal year, according to a Thursday email sent to faculty and staff.
The email –– signed off by President Morton Schapiro,...
Northwestern drew $100 million from its endowment to resolve the $94 million budget deficit from fiscal year 2018, Provost Jonathan Holloway told Faculty Senate on Wednesday.
The move broke from the...
Northwestern’s total financial assets exceeded $15 billion in the 2018 fiscal year even as administrators prepared for a forthcoming budget deficit, according to a report released by the University late...
To top administrators and undergraduate students alike, the budget deficit was a surprise.
When Provost Jonathan Holloway informed Faculty Senate of the budget shortfall in January, some senators were...
