Disagreeing with a study that asserted that Cornell, along with other top institutions, is on a “financially unsustainable path,” a University administrator said that Cornell is a stronger institution now than it was before the recession four years ago.

Three years ago, the University forecasted a budget deficit of about $122 million, but Day Hall administrators now say they look forward to closing that gap almost completely by the end of Fiscal Year 2012 on June 30 — one year ahead of schedule.