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Alumni Are Watching

From a class agent:

As an alumnus who both makes annual contributions and solicits the same from my classmates I would expect the Administration to take a fiscally responsible position with regard to salaries and increases thereon. I have been without an increase over the last 5 years along with all my colleagues with salaries over $75,000. Yet, I am asked to both increase my annual contribution to Williams and seek the same from my classmates. This is something that I willingly undertake to do with the understanding that the faculty are facing many of the same challenges that I and my fellow alumni are confronting each day. I would be far less likely to contribute if my contribution went towards faculty salary increases rather than assisting needy students in realizing the benefits of a Williams education.

I strongly encourage the administration to be careful in their deliberations as the alumni are watching.

And EphBlog helps them watch.

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#1 Comment By frank uible On December 7, 2009 @ 10:30 am

My name is Joe Shitler. I’m from EphBlog, and I’m here to help you.

#2 Comment By hwc On December 7, 2009 @ 11:23 am

Concerned alumni can only truly evaluate Williams’ budget cutting in the context of a larger picture — not only the fiscal landscape for higher education in general, but also the decisions implemented by the College’s closest peers.

Amherst’s Board approved the recomendations of its ad hoc budget-cutting committee last summer, recommendations that featured the broad outlines of annual cuts totalling $18 million for the fiscal year starting in July 2011.

Swarthmore’s Board approved the recommendation of its ad hoc budget-cutting committee this weekend, a proposal that offered detailed department by department annual cuts totalling $6.9 million by the fiscal year starting July 2011. Although a final report of the Board’s decision has not yet been published, the recommendations were circulated several weeks ago and the Dean of the College and the Dean of Admissions met with students last night to present the decisions made about financial aid policies.

We now have announcements from both Amherst and Swarthmore, including detailed plans for reducing the growht in financial aid — by $1.5+ million for Amherst and $457k for Swarthmore.

On the current topic under discussion, both Amherst and Swarthmore have now made Board-level decisions to make at least modest salary increases for faculty and staff with the fiscal year beginning next July.

#3 Comment By hwc On December 7, 2009 @ 4:20 pm

The budget cuts, politely called “adjustments”, approved by Swarthmore’s Board of Managers on Saturday. This is a reasonably detailed 26-page budget document and discussion of the rationale behind the cuts.

Approved Budget Adjustments (PDF)

And, the feel-good video from the new Prez. thanking the community for their shared sacrifice:

Feel-good Video

#4 Comment By Brandi ’07 On December 7, 2009 @ 7:13 pm

I don’t think the impact is going to be as bad as that of all the young alumni paying back student loans realizing that the college went to no loans for current students.

The unemployed alumni are also a huge issue.