It has already resorted to borrowing, having placed over $1 billion in bonds on the market since April.By Dion J. Pierre, The AlgemeinerCornell University is taking a cleaver to its budget amid what it described as a “contraction” in government funding caused by the Trump administration’s impounding $1 billion previously awarded to it via research grants and federal contracts as punishment for its alleged nonresponse to campus antisemitism.“Urgent action is necessary, both to reduce costs immediately and to correct our course over time — achieving an institutional structure that enables us to balance our budgets over the long term,” Cornell president Michael Kotlikoff wrote in a letter to the campus community.“Our work toward this goal will progress in several phases, beginning with immediate budget reductions already underway for the current fiscal year across our Ithaca, Cornell AgriTech, Weill Cornell Medicine, and Cornell Tech campuses.”He continued, “Hiring on all campuses remains restricted indefinitely, with rare exceptions from campus-based position control committees.”Cornell announced the cuts even as it inches closer toward a reported $100 million settlement with the federal government to restore the confiscated funds.It has already resorted to borrowing, having placed over $1 billion in bonds on the market since April — according to Bloomberg — and refused to publicly discuss the decision.Cornell University has seen a series of disturbing antisemitic incidents since the Oct. 7, 2023, massacre perpetrated by Hamas across southern Israel.Three weeks after the atrocities which ravaged Israeli communities, now-former student Patrick Dai threatened to commit heinous crimes against members of the school’s Jewish community, including mass murder and rape. He was later sentenced to 21 months in federal prison.Cornell students also occupied an administrative building and held a “mock trial” in which they convicted then-school president Martha Pollack of complicity in “apartheid” and “genocide against Palestinian civilians.”Meanwhile, history professor Russell Rickford called Hamas’s barbarity on Oct. 7 “exhilarating” and “energizing” at a pro-Palestinian rally held on campus.Cornell University and Students for Justice in Palestine (SJP) sparred all of last academic year, with SJP pushing the limits of what constitutes appropriate conduct on campus.In September, school officials suspended over a dozen SJP affiliated students who disrupted a career fair, an action which saw them “physically” breach the area by “[pushing] police out of the way.”In February, the university amnestied some of the protesters, granting them “alternate resolutions” which terminated their suspensions, according to The Cornell Daily Sun.In January, anti-Zionist agitators at Cornell kicked off the spring semester with an act of vandalism which attacked Israel as an “occupier” and practitioner of “apartheid.”The students drew a blistering response from Kotlikoff, who said that “acts of violence, extended occupations of buildings, or destruction of property (including graffiti), will not be tolerated and will be subject to immediate public safety response,” but the university has declined to say how it will deal with the matter since identifying at least one of the culprits in February.Other elite colleges may soon face the same hard choices as Cornell.Just last week, the US Department of Education began investigating Haverford College over alleged violations of civil rights laws stemming from inadequate responses to antisemitism.“Like many other institutions of higher education, Haverford College is alleged to have ignored antisemitic harassment on its campus, contravening federal civil rights laws and its own anti-discrimination policies,” acting civil rights secretary Craig Trainor said in a statement.“The Trump administration will not allow Jewish life to be pushed into the shadows because college leaders are too craven to respond appropriately to unlawful antisemitic incidents on campus.”Earlier this month, a coalition of leading Jewish civil rights groups called on the higher education establishment to prioritize fighting campus antisemitism during the upcoming academic year, citing an unrelenting wave of anti-Jewish hate that has swept the US in recent years.The Anti-Defamation League (ADL), Jewish Federations of North America, Hillel International, and the Conference of Presidents of Major American Jewish Organizations issued a joint statement, putting forth a policy framework that they say will quell antisemitism if applied sincerely and consistently.It included “enhanced communication and policy enforcement,” “dedicated administration oversight,” and “faculty accountability” — an issue of rising importance given the number of faculty accused of inciting discrimination.“These recommendations aren’t just suggestions; they’re essential steps universities need to take to ensure Jewish students can learn without fear,” ADL chief executive officer Jonathan Greenblatt said in a statement.“Jewish students are being forced to hide who they are, and that’s unacceptable — we need more administrators to step up.”As previously reported by The Algemeiner, colleges campus across the US erupted with effusions of antisemitic activity following the Hamas-led Oct. 7, 2023, massacre across southern Israel, an uprising which included calling for the destruction of Israel, cheering Hamas’s sexual assaulting of women as an instrument of war, and dozens of incidents of assault and harassment targeting Jewish students, faculty, and activists.At the University of California, Los Angeles (UCLA), anti-Zionist protesters chanted “Itbah El Yahud” at Bruin Plaza, which means “slaughter the Jews” in Arabic.At Columbia University, Jews were gang-assaulted, a student proclaimed that Zionist Jews deserve to be murdered and are lucky he is not doing so himself, and administrative officials, outraged at the notion that Jews organized to resist anti-Zionism, participated in a group chat in which each member took turns sharing antisemitic tropes that described Jews as privileged and grafting.At Harvard University, an October 2023 anti-Israel demonstration degenerated into chaos when Ibrahim Bharmal, former editor of the prestigious Harvard Law Review, and Elom Tettey-Tamaklo encircled a Jewish student with a mob that screamed “Shame! Shame! Shame!” at him while he desperately attempted to free himself from the mass of bodies.More recently, Eden Deckerhoff — a female student at Florida State University — allegedly assaulted a Jewish male classmate at the Leach Student Recreation Center after noticing his wearing apparel issued by the Israel Defense Forces (IDF).“F—k Israel, Free Palestine. Put it [the video] on Barstool FSU. I really don’t give a f—k,” the woman said before shoving the man, according to video taken by the victim. “You’re an ignorant son of a b—h.” Deckerhoff has since been charged with misdemeanor battery.The post Cornell University takes cleaver to budget amid Trump crackdown appeared first on World Israel News.