According to Robert Massa of Dickson College, “What we’ve done in higher education is let our dreams and aspirations dictate our cost structure.” Due to the financial crisis, this prodigal era of “dreams and aspirations” may finally be over.
This past Tuesday, Cornell implemented a hiring pause, a delay on new construction, and other cost-saving measures. The contract colleges are especially hard hit. According to a dean in the ILR School, administrators — rather than tenured faculty — may have to teach some classes, while existing faculty may be allotted fewer teaching assistants.