A $48 million deficit at The New School has sparked a showdown between administrators and faculty who fear the budget problems are being used to dilute the institution's leftist identity

The shrinkage of the socialist promoting sector of the economy could be here! The New School is a very , very radical school that has always hated capitalism.

A $48 million deficit at The New School has sparked a showdown between administrators and faculty who fear the budget problems are being used to dilute the institution's leftist identity: https://t.co/xbyfaMNWkO pic.twitter.com/jk1OOBEWZR

— Gothamist (@Gothamist) December 10, 2025