Ivy League sports budgets cut ‘to the core’

The deepest recession in five decades may leave the Ivy League behind on the field. According to the Providence Journal, the economy is choking donations, battering endowments and threatening to eliminate some sports programs. The eight schools, which have educated 14 U.S. presidents and half of the 110 justices in Supreme Court history, have estimated endowment losses of as much as 35 percent this year.

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