Stanford Budget cuts - Printable Version
+- The CardBoard (https://thecardboard.org/board)
+-- Forum: C-House! (https://thecardboard.org/board/forum-4.html)
+--- Forum: The CardBoard (https://thecardboard.org/board/forum-5.html)
+--- Thread: Stanford Budget cuts (/thread-25650.html)
+- The CardBoard (https://thecardboard.org/board)
+-- Forum: C-House! (https://thecardboard.org/board/forum-4.html)
+--- Forum: The CardBoard (https://thecardboard.org/board/forum-5.html)
+--- Thread: Stanford Budget cuts (/thread-25650.html)
Stanford Budget cuts - BobK - 06-28-2025
https://www.forbes.com/sites/michaeltnietzel/2025/06/28/stanford-university-to-lay-off-staff-cut-140-million-from-its-budget/
RE: Stanford Budget cuts - GK3 - 06-28-2025
(06-28-2025, 12:46 PM)BobK Wrote: https://www.forbes.com/sites/michaeltnietzel/2025/06/28/stanford-university-to-lay-off-staff-cut-140-million-from-its-budget/
Hundreds of millions is a big number, no matter what the first number is. How will this affect athletics?
RE: Stanford Budget cuts - 82lsju - 06-28-2025
$140m would appear to be a 7%-8% cut in operations from 2024-2025
https://budget.stanford.edu/budget-plans
RE: Stanford Budget cuts - rogpodge - 06-28-2025
Stanford announces budget cuts, staff reductions - Palo Alto Online https://share.google/u5gErpvmsCIAE3rfL
RE: Stanford Budget cuts - BostonCard - 06-28-2025
(06-28-2025, 01:02 PM)GK3 Wrote:(06-28-2025, 12:46 PM)BobK Wrote: https://www.forbes.com/sites/michaeltnietzel/2025/06/28/stanford-university-to-lay-off-staff-cut-140-million-from-its-budget/
Hundreds of millions is a big number, no matter what the first number is. How will this affect athletics?
I don’t know that it has been announced, but in other threads I have mused that the athletic department would be a target for cuts. At a minimum, I would expect that the AD would be asked to shoulder some burden as well, but it is possible that the AD, which is not core to the academic mission of the university, would be asked to shoulder a disproportionate share of the cuts. My guess is that the department will try to reduce some of the athletic department staff rather than push the burden onto athletes, but there may come a point where Stanford will re-examine how many sports it sponsors.
BC
RE: Stanford Budget cuts - Spiny_Norman - 06-28-2025
Speaking of which, I think we (the Stanford sports community) are due an update on the AD search. It started in late March. I would think they would want a new AD in place by the start of the new fiscal year which begins Sept 1. I don't expect Stanford to share specific details. But they could tell us where they are in the process.
I wonder if Alden Mitchell is a candidate. If they don't find a candidate they like, the easiest decision would be to move her from interim to permanent.
RE: Stanford Budget cuts - chrisk - 06-28-2025
200 new students paying full tuition would add more than $13 million in revenue.
RE: Stanford Budget cuts - 82lsju - 06-28-2025
(06-28-2025, 07:56 PM)chrisk Wrote: 200 new students paying full tuition would add more than $13 million in revenue.
I doubt they would all be paying full tuition, but even if they paid 50% that would be $6.5m
RE: Stanford Budget cuts - chrisk - 06-29-2025
The OBBBA version being debated in the Senate now would impose an 8% tax on Stanford’s endowment income, up from the current 1.4%, but substantially less than the 21% in the House version. Depending on the year, it could cost Stanford $100M a year more than currently and possibly $200 million or more. It would make endowment contributions substantially less attractive than contributions to current operations, which are facing a large deficit for the foreseeable future.
RE: Stanford Budget cuts - paloalto - 06-29-2025
(06-28-2025, 08:06 PM)82lsju Wrote:(06-28-2025, 07:56 PM)chrisk Wrote: 200 new students paying full tuition would add more than $13 million in revenue.
I doubt they would all be paying full tuition, but even if they paid 50% that would be $6.5m
If the other 50% for those students came from financial aid, where would the financial aid funding come from?
RE: Stanford Budget cuts - old spanish trail - 06-29-2025
(06-29-2025, 01:15 PM)chrisk Wrote: The OBBBA version being debated in the Senate now would impose an 8% tax on Stanford’s endowment income, up from the current 1.4%, but substantially less than the 21% in the House version. Depending on the year, it could cost Stanford $100M a year more than currently and possibly $200 million or more. It would make endowment contributions substantially less attractive than contributions to current operations, which facing a large deficit for the foreseeable future.
8%, sheesh, but 21%??? These guys (and gals) are seriously anti higher education. I've pooh poohed that charge, but I was wrong.
RE: Stanford Budget cuts - TrumpCard - 07-12-2025
Stanford may be facing headwinds from a number of sources. Here’s a big booster of the university who’s no longer so hot on Stanford:
https://www.washingtonpost.com/technology/2025/07/12/marc-andreessen-private-chat-universities-diversity/
RE: Stanford Budget cuts - 2006alum - 07-12-2025
(07-12-2025, 04:43 PM)TrumpCard Wrote: Stanford may be facing headwinds from a number of sources. Here’s a big booster of the university who’s no longer so hot on Stanford:
https://www.washingtonpost.com/technology/2025/07/12/marc-andreessen-private-chat-universities-diversity/
Perhaps. But Andreeson has kind of gone off the reservation at this point, so I'm not sure I'd use him as the modal example of alumni donor thinking. Moreover, the article expressly said thar "Andreeson in his messages did not suggest any action [be] taken against Stanford or MIT."
RE: Stanford Budget cuts - Griffins78 - 07-12-2025
(07-12-2025, 07:54 PM)2006alum Wrote:His wife is Laura Arrillaga-Andreessen and he said “she was forced out” and it would cost Stanford $5 Billion in future donations.(07-12-2025, 04:43 PM)TrumpCard Wrote: Stanford may be facing headwinds from a number of sources. Here’s a big booster of the university who’s no longer so hot on Stanford:
https://www.washingtonpost.com/technology/2025/07/12/marc-andreessen-private-chat-universities-diversity/
Perhaps. But Andreeson has kind of gone off the reservation at this point, so I'm not sure I'd use him as the modal example of alumni donor thinking. Moreover, the article expressly said thar "Andreeson in his messages did not suggest any action [be] taken against Stanford or MIT."
RE: Stanford Budget cuts - 2006alum - 07-12-2025
(07-12-2025, 09:52 PM)Griffins78 Wrote:(07-12-2025, 07:54 PM)2006alum Wrote:His wife is Laura Arrillaga-Andreessen and he said “she was forced out” and it would cost Stanford $5 Billion in future donations.(07-12-2025, 04:43 PM)TrumpCard Wrote: Stanford may be facing headwinds from a number of sources. Here’s a big booster of the university who’s no longer so hot on Stanford:
https://www.washingtonpost.com/technology/2025/07/12/marc-andreessen-private-chat-universities-diversity/
Perhaps. But Andreeson has kind of gone off the reservation at this point, so I'm not sure I'd use him as the modal example of alumni donor thinking. Moreover, the article expressly said thar "Andreeson in his messages did not suggest any action [be] taken against Stanford or MIT."
I guess reasonable minds could disagree about the ends to which a university should cater to its rich alumni. I feel like that's why everyone around here boo hisses on U$C, but to me, Laura Arrillaga was about as U$C as it gets in terms of qualifications for running an academic center.
RE: Stanford Budget cuts - chrisk - 07-12-2025
https://prospect.org/power/2024-04-24-my-dinner-with-andreessen/
This following email was sent out went Laura was scrubbed from the PACS website. I am not active in the organization so I have not heard what led to her departure, announced with no fanfare or flourishes you would expect for the stepping down of the chair and founder. It was about a month before her husband came out publicly for Trump, whose values are anathema to PACS.
Gratitude and a New Era for Stanford PACS
Dear Friends,
We are writing today to share some important news about Stanford PACS. After serving as our inaugural advisory board chair for 18 consecutive years, Laura Arrillaga-Andreessen is stepping down from our advisory board. Laura’s vision, dedication, and support was the impetus for founding Stanford PACS. Her steadfast leadership combined with the scholarly interests of founding faculty directors Debra Meyerson and Woody Powell—later joined by Paul Brest, Rob Reich, Robb Willer and Patricia Bromley—helped to establish Stanford PACS as the preeminent interdisciplinary academic center where scholars and practitioners develop and share knowledge to improve philanthropy, strengthen civil society, and affect social change.
Stanford PACS will continue to be guided by a commitment to world class social science research. At the same time, to meet the needs of the current moment of political dysfunction, weakening social cohesion, and fraying democratic norms, we are expanding our vision to be more ambitious, collaborative, and international. We are excited to share more about our new directions in the coming months!
Sincerely,
Paul Brest
Patricia Bromley
Woody Powell
Rob Reich
Priya Shanker
Robb Willer