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...University recently announced plans tospend more endowment income to run Harvard, in aneffort to take advantage of previous bull marketgrowth. Until now Harvard has reinvested the bulkof its endowment earnings--allowing the fund'spay-out rate to slip below inflation and usingother sources of income, such as tuition andfundraising, to fund a greater portion of thebudget...
...College's Ad Board, which handles the bulkof student discipline cases, earlier this yearreformed its procedures, allowing students accusedof serious disciplinary infractions to appear inperson before the board. Jewett, who chairs the AdBoard, said he would be open to future suggestionsfor reform to that body...
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