Oberlin's budget woes should worry all of higher ed - Patti Zarling, Education Dive

According to a report in Inside Higher Ed, leaders at Ohio’s Oberlin College are struggling to close a multi-million dollar budget deficit following a dip in enrollment this year. The liberal college’s newspaper, The Oberlin Review, published a letter written by two faculty members criticizing a salary freeze. The letter, published Friday, said faculty found it depressing that neither the college board nor administrators could come up with a better way to address the revenue shortfall other than by eliminated raises. The salary freeze is the latest in a string of moves by Oberlin to close the structural budget gap. The school relies too much on gifts, and not enough on tuition, room and board, according to a letter posted by Chris Canavan, the chair of the Oberlin Board of Trustees. https://www.educationdive.com/news/oberlins-budget-woes-should-worry-all-of-higher-ed/513067/