Dartmouth College President Jim Yong Kim addressed students and faculty Tuesday with some sobering economic news: The school plans to cut approximately $100 million over the next two years. Job cuts-- including some faculty positions-- are a possibility. The Ivy League school is also considering increasing the size of the incoming freshman class by 5 to 10 percent.
The measures are a direct result of an $835 million drop in Dartmouth's endowment.
Students say they hope the cuts will not affect their overall experience.
"That is just such a massive amount but it seems like there are so many excesses that they can cut without actually harming our experience," said John Biberman, a freshman. "For example, they have been talking about building a new dining hall and ours is totally fine, it's totally functional, it's beautiful. Why do we need to build a new dining hall if ours is just fine? They got the new life sciences center up there. So, it is a lot of money but I think you can cut a lot of it without harming it too much."
Kim says the college remains committed to completing the two large construction projects which have already started-- the new Life Sciences Center and the Visual Arts Center.