USC is facing a massive $200 million deficit and is rolling out layoffs, hiring freezes, and budget cuts to try and steady the ship. Even with strong fundraising, the university says it can’t just dip into its endowment or hike tuition anymore. Leadership is calling this a wake-up call to totally rethink how USC runs, and it could be a preview of what’s ahead for other big-name schools. Wild times for higher ed! #Education #College #USC