While the global economic crisis steadily whittles away at the foundation of the ivory tower, President Skorton and the trustees convened in New York City this weekend to approve a series of commendable budgetary stipulations that seek to preserve the “strength and character of Cornell.” The conditions, however, must come hand-in-hand with increased transparency from the administration to ensure that as the University digs deeper into its pocket, its spending can be directed in the most efficient of ways.

Cornell, like other universities across the country, is being forced to adapt to the recent economic crisis. In response, the administration has instituted a 90-day construction pause and a non-professional hiring freeze to limit expenses. But despite the conserve-and-cut mentality that has gripped students and universities alike in the wake of the economic meltdown, university presidents across the country are earning more than ever.