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flag University of Pennsylvania enacts hiring freeze amid potential $240M federal funding cuts.

flag The University of Pennsylvania is implementing a hiring freeze and other cost-cutting measures to prepare for potential federal funding cuts, which could reduce its federal funding by up to $240 million. flag This impact could be more severe than previous financial challenges like the 2008 recession and the COVID-19 pandemic. flag Similar actions have been taken by other Ivy League schools like Yale and Harvard. flag University leaders are also working to emphasize the importance of federal funding for their mission.

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