Yale’s surplus is growing. Why are we shrinking?

​The Yale Daily News reported Thursday that the University ran a surplus of nearly $200 million last year.

“Polak attributed the overall surplus to two factors: the current strength of the endowment, which is at an all-time high of $25.6 billion, and a University-wide effort to control costs by limiting the growth of the administrative staff.”

Since 2010, Local 34 has lost over 130 positions in the Central/Science area through layoff and attrition.

Why are we shrinking while Yale’s surplus grows?
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