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Brown University is taking out huge loans — is this a warning for US colleges?
Brown University has secured a $500 million loan in July, following a $300 million loan in April, amid a $510 million freeze in US federal funding linked to campus policies. The University is implementing cost-cutting measures, including hiring freezes and limiting salary increases. With an existing $46 million budget deficit, the loans aim to maintain financial stability. Ongoing discussions...
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