For the first time in recent memory, Student Union (SU) will not have enough money to support additional funding requests from student organizations for the 2024-25 academic year according to SU leadership, with some Treasury representatives jokingly calling it the “SU Recession.”
The 2009 flight cuts from Lambert-St. Louis International Airport have made it difficult for many students to return home, especially on short notice due to an emergency or family function.
Though national unemployment soars at nearly 10 percent, school officials predict Washington University’s Class of 2011 will actually have less difficulty finding jobs than did students graduating in previous years.
Five nationally renowned economists participated in a panel last Friday afternoon in a discussion about the actions of the Federal Reserve leading up to and in the aftermath of the recent economic recession.
Although the economy has forced Washington University to cut costs in multiple areas, prospective students continue to receive a large amount of literature advertising the University.
Washington University’s financial situation has not improved since April, according to an e-mail sent by Chancellor Mark Wrighton Wednesday afternoon.
One year ago, two Washington University economists made a prediction about the future of the U.S. economy: a crisis on the order of the 1981 recession.
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