“Although we are in a relatively strong position compared to most institutions, the impact of the current turmoil in the markets is now being felt throughout higher education. Nobody is immune.”
— President Ronald D. Liebowitz
 |
| Read about the financial crisis and how it's affecting the College in the Winter 2009 Middlebury Magazine. |
Middlebury has set up this Web site to share information about the financial challenges facing the College because of the global economic slowdown, and to solicit suggestions from members of the College’s extended family. At this site, you can:
>> NEW: Watch video of an October 30 presentation on College finances by President Ron Liebowitz and Vice President/CFO Patrick Norton.
>> Read an October 14 memo from the president on voluntary separation and retirement programs for staff and faculty.
>> Read a September 16 update from the president on the College's finances.
>> See a video of an open meeting August 14, at which the Staff Resources Committee discussed the process the SRC will use to review the staffing analyses that have just been completed by College offices and departments, and answered questions about that process and how it relates to the College's financial situation.
>> Read a May 12 memo from the president on budget recommendations, or earlier notes: >> See a video of a recent open session (May 14) that President Liebowitz and Patrick Norton, vice president for administration and CFO, held with members of the College faculty and staff. Or check out a video on two previous sessions (February 5 & 6).
>> Read an article about Middlebury in the April 27 issue of Fortune magazine. The story discusses admissions and financial aid, as well as how the College is handling the budget challenges it faces as a result of the economic downturn.
>> Listen to President Liebowitz discuss the financial challenges facing higher education on National Public Radio's "Talk of the Nation."
>> Share your thoughts on how Middlebury can cope with current financial challenges at our online suggestion box.
>> Check out a list of Frequently Asked Questions about the College's finances.
>> Watch a video of an earlier presentation to College staff on November 12, 2008, by President Liebowitz and Patrick Norton.
>> Meet the members of the Budget Oversight Committee