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...medical student has gone missing at Yale, Penn has reduced its lectures to 60 seconds, and a retired Yale employee almost shot up the HR office. Add to that the fact that Harvard and Yale have posted 30 percent endowment losses, and we're left to conclude that the Ivy League might be going mad. More after the jump...
While Harvard seems to be moving to halt construction in Allston, Columbia officially kicked off construction for their new 17-acre campus in Manhattanville yesterday. Of course, their endowment fell only 16 percent this past year, so they may have a bit more wiggle-room—both in terms of spending and building space...
...million gift over the next five years—the largest in Harvard’s history—from Business School graduate Hansjörg Wyss to fund the Wyss Institute for Biologically Inspired Engineering in Allston. Gifts of over $1 million accounted for over 40 percent of the cash total...
...Harvard seems to have largely dodged drunkorexia. J.P. Chilazi ’10, president of University Health Services' Drug & Alcohol Peer Advisors, said he hasn’t heard of the condition being a problem here and noted that a 2008 campus survey found 96 percent of all Harvard students eating before or while drinking. But as “someone who knows a fair amount about alcohol consumption patterns,” he said he found the condition’s name to be “bizarre” and hoped for a “more technical...
Yale’s endowment fell $1 billion more than expected to $16 billion in the fiscal year ending June 30, marking a 30 percent decline in value, Yale University President Richard C. Levin announced yesterday. In an e-mail to faculty, staff, and alumni, Levin wrote that previous projections of a 25 percent endowment drop had not accounted for the continued slide in private equity and real estate holdings even after stock markets began to rebound this spring. The unexpected additional fall in the endowment will lead to a 6.7 percent decrease in endowment payout this year and another...