Word: fas
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...losses to its endowment right now, which has fallen off 22 percent since June and may see further capital deterioration. In the face of such sobering performance, cutbacks are not ideal but are certainly necessary. In this trying time, reductions must be evenly and fairly distributed across all of FAS. The policy of freezing salaries and curtailing new hires is appropriate because it does not necessitate any drastic shifts in policy or practice within a department or campus body. Although this policy affects many people, it does so to a manageable degree in order to distribute the burden...
...decision announced Monday to suspend all searches for new faculty goes against FAS dean Michael D. Smith’s statement in November that departments will continue searches they have already begun. Terminating searches will mean the school might miss out on hiring opportunities, especially chances to woo promising young professors. Fortunately, however, FAS has recognized that there may have to be exceptions to their no-search policy if, for instance, a window opens for a distinguished luminary to join the faculty or if a new position is desperately needed. Although only 15 ongoing searches remain, departments will likely still...
...FAS deans have also mentioned plans to create new teaching positions akin to teaching post-docs. This signifies the positive development of an admirable initiative, as these recent Ph.D. recipients face stiff competition in the dwindling job market and are less likely than ever to find employment elsewhere. It is also important that the university continues to prioritize teaching even amid dire economic straits, and access to these new positions early in their careers might encourage post-docs to continue teaching rather than leave academia altogether...
...CORRECTION: Due to a typographical error, this paragraph cited the need to cut $100 billion from the FAS operating budget, when in fact the amount is $100 million. The figure has since been corrected within the text. The Crimson regrets the error...
After consulting widely with colleagues, FAS Dean Michael D. Smith chose Lamont almost a year after government professor Lisa L. Martin left the post to move to the University of Wisconsin—accusing Smith of a lack of attention to diversity...