University says economic conditions have forced it to put construction of 2 new residential colleges on hold
Yale University president Richard Levin says the construction of two new residential colleges will be delayed, along with almost all other construction projects on the New Haven campus. In a letter to faculty and staff, Levin also announced deeper cuts to the university’s operating budget. He called for spending reductions on staff salaries and non-personnel costs by 7.5 percent, instead of 5 percent as previously planned.