I hear USC intends to sell the Santa Monica house that Carol Folt lived in during her presidency. It was expected after USC announced it would sell some properties to address its $200 million budget deficit but sources said the administration has taken steps to prepare to sell the property. Continue reading The USC Friday Column Supplement

USC might have a budget deficit of more than $200 million but Stanford has a deficit of $140 million. Stanford has announced that will also institute layoffs. Stanford does have a massive endowment of at least $36.5 billion. LEE CORSO FOREVER ❤️ @CollegeGameDay | @ESPYS pic.twitter.com/78kjwFV82Y — ESPN (@espn) July 17, 2025 https://platform.twitter.com/widgets.js Continue reading Notes: USC Isn’t Only School Facing Deficit

There are many reasons USC finds itself in a financial hole that I have previously listed. But here are a couple salaries that stick out. A former provost, who was moved out in 2019, was still getting paid more than $700,000 in 2023. And former president Max Nikias, who resigned in 2018, was paid more than $900,000 in 2023. Continue reading Morning Buzz: USC Never Stops Paying

USC announced today it “ended FY25 with an operating deficit in excess of $200 million, higher than the $158 million deficit in FY24.” This is what I reported a few weeks ago but USC didn’t reveal the staggering figure until after Carol Folt retired. It also said layoffs are coming but did not include specifics. “We need to take decisive action quickly, because the longer … Continue reading USC Ended Fiscal Year With More Than $200 Million Deficit