BU Chief Financial Officer Nicole Tirella said though the University was not in a “structural deficit” like other universities, BU’s finances were currently on an “unsustainable path.”
“We are on a concerning trajectory where our margins are declining,” Tirella said.
“I’m thinking about how much it costs to sustain my presence here.” Those were the words of one of my closest friends here at BU. She’s applying to state schools in her native California for transfer next year. Why?
There is something in the air at Boston University— and no, it is not the refreshing springtime aroma—but rather the pungent scent of entitlement seething from all four-corners of campus.
State-funded financial aid in Massachusetts has decreased by 47% since 2001 — a stark contrast to the 15% increase nationwide — placing Massachusetts 37th in the nation when it comes to state-funded financial aid, according to a recent report by the Hildreth Institute.
