Brown has seen $20M hit from COVID-19 to date; administrators take salary reductions

BROWN UNIVERSITY has incurred a $20 million financial hit due to the COVID-19 pandemic, and school administrators, including President Christina H. Paxson, are taking salary reductions for the next fiscal year. / COURTESY BROWN UNIVERSITY
BROWN UNIVERSITY has incurred a $20 million financial hit due to the COVID-19 pandemic, and school administrators, including President Christina H. Paxson, are taking salary reductions for the next fiscal year. / COURTESY BROWN UNIVERSITY
PROVIDENCE – Brown University administrators are taking salary reductions in order to limit the significant financial hit the Ivy League university has sustained so far through the COVID-19 pandemic, a hit that could become worse. Brown Provost Richard M. Locke wrote in a letter to the community Tuesday that Brown’s financial impact has topped $20…

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