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The Cornell Daily Sun - Independent Since 1880

The Cornell Daily Sun (https://cornellsun.com/tag/in-the-red/)

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in the red

annual financial performance

Cornell Bleeds Red Ink in Latest Financial Report With Operating Losses of $104 Million

By Johnathan Stimpson | October 29, 2019

Despite a 6.5 percent increase in tuition revenue, Cornell has once again lived up to its “Big Red” nickname for the third year in a row: According to its annual financial report released days ago, the University posted an operating loss of $104 million for the fiscal year ending June 2019.

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