Education
The University of Southern California has implemented a series of austerity measures, including a staff hiring freeze, in response to financial uncertainties stemming from federal funding challenges and ongoing investigations by the President Donald Trump administration. In a letter released Monday, university leaders, including outgoing President Carol Folt, cited “federal funding uncertainty” as a primary concern. Among the nine measures outlined are a reassessment of capital spending projects and restrictions on discretionary spending. The letter emphasized the need for “bold action now” to enhance financial resilience amid “exceptional financial uncertainty,” noting that USC received approximately $569 million in research funding
April 02, 2025