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Bloomberg News reported last week that MIT hoped to increase the class size as a means of raising revenue. Schmill denied this explanation, saying that admissions at MIT will continue to be need-blind in the future and that even the full cost of tuition does not cover all the expenses of students’ education. Instead, he said plans for a size increase have raised concerns about the costs more undergrads might entail...
Fitzsimmons also said he hoped news of MIT’s potential admissions increase might make elite universities appear more accessible and thus encourage students to apply to schools like Harvard as well...
...would expect, he was bombarded by Republican criticism and calls to apologize. But rather than defending one of their own, some Democratic leaders piled on. “I would encourage Alan to apologize,” Democratic Caucus Chairman John Larson told Politico. “Is this news to you that this guy’s one fry short of a Happy Meal?” asked Rep. Anthony Weiner, who is, if anything, to the left of Grayson on health care. To their credit, Speaker of the House Rep. Nancy Pelosi and the White House refused...
...been dueling with the magazine's publishers, the Stock Exchange Executive Council, over the distribution of revenue. She had been at loggerheads with the owners, who have recently been accused of taking a more conservative approach to the news and trying to rein in some of the magazine's more aggressive reporting. While the 11-year-old magazine had been a cash cow for the media group, it had received a smaller share of the revenues, according to current and former staffers. "The parent company milks it for a huge chunk of their revenue," says a former staffer...
...magazine's sales and advertising departments. For several weeks, Hu had been negotiating with Caijing's publishers over issues including retention of Caijing's name. The new publication she's expected to form will be called Caixin, according to the Wall Street Journal, which first reported the news of Hu's resignation...