Princeton Slashes Its Budget Again and Freezes Salaries

by E Wayne Ross on April 9, 2009

The Chronicle News Blog: Princeton Slashes Its Budget Again and Freezes Salaries

Facing endowment losses more severe than anticipated, Princeton University will freeze salaries for tenured faculty members and staff members who earn more than $75,000 and slash its budget for the 2011 fiscal year by $80-million, the university’s president, Shirley M. Tilghman, announced this week.