UVM president says school’s budget deficit is closed despite declining enrollment
University of Vermont President Marlene Tromp delivers her State of the University address in Burlington on Tuesday, August 25, 2026. Photo by Glenn Russell/VTDiggerBURLINGTON — The University of Vermont has closed its $12 million projected budget deficit, President Marlene Tromp reported just days before first-year students are set to arrive on campus. Tromp delivered the first “State of the University” address to trustees and hundreds of staff Tuesday with one resoundin