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Ivy League schools facing money woes

Costs, U.S. funding cuts taking toll

Posted: December 15, 2013 at 5:23 a.m.

At least half of the eight Ivy League schools ran budget deficits in the past fiscal year, reflecting cuts in federal research funding and difficulty in controlling operating costs.

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Front Section, Pages 2 on 12/15/2013

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On the first anniversary of the Sandy Hook massacre, firefighters lower the town's flag on Main Street to half-staff in honor of the victims, Saturday, Dec. 14, 2013, in  Newtown, Conn.  (AP Photo/Robert F. Bukaty)

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