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Smith aiming to cut $30m from budget

Published January 8, 2009, 10:36 pm, Boston Globe

Faced with a plummeting endowment, Smith College is seeking to slash up to $30 million from its budget. Among the steps under consideration, college president Carol T. Christ wrote in an e-mail to the Smith community Monday, are freezing salaries, closing some buildings, and eliminating academic areas. Smith's endowment, which was $1.3 billion in June, declined more than 18 ...

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