ɪn mˈeɪ tˈuː θˈaʊzənd θˈɜːtiːn, fˈɔːɹmɚ bˈoːɹd ʌv tɹˈʌstiːz ɪnvˈɛstmənt kəmˈɪɾi tʃˈɛɹ dʒˈɑːn mˈaɪkəlsən ɐdmˈɪɾᵻd ðə skˈuːl kˌʊdɐv kəntˈɪnjuːd tə jˈuːz ðɪ ɛndˈaʊmənt tə kˈʌvɚ dˈɛfɪsˌɪts ænd wʊdhɐv sɚvˈaɪvd ʌntˈɪl tˈuː θˈaʊzənd ˈeɪtiːn, wˌɛn ðə hˈaɪɚ pˈeɪmənts fɹʌmðə kɹˈaɪslɚ lˈiːs stˈɑːɹt.
In May 2013, former Board of Trustees investment committee chair John Michaelson admitted the school could have continued to use the endowment to cover deficits and would have survived until 2018, when the higher payments from the Chrysler lease start.