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...Kevin Casey, the University’s chief lobbyist. “It may be that employment horizons are slightly smaller for those graduating from some of these programs,” Casey said. Roughly one third of MBA candidates at the Business School are international students, and 45 percent of MBA students enter the financial services industry upon graduation. University Provost Steven E. Hyman recently voiced opposition to the restrictions in a letter to Congressman Michael E. Capuano, who represents Cambridge in the U.S. House. Hyman wrote last month that it was important to keep jobs open...
...course, given today’s universal economic problems, Western European countries will face both economic and political difficulties in sending money abroad. Even Europe’s strongest economy, Germany, is predicted to shrink by two to three percent this year, the worst performance since World War II. The recession has hit every country in Europe and has given rise to an upsurge in nationalist sentiments. Both the UK and Germany are due national elections in the next year or so, and leaders are astutely aware of the demands of their public. Nevertheless, politicians must do their utmost...
...funds yesterday. The decision depends on further instruction from Congress and the Office of Management and Budget, an NSF spokesperson said. Last year, University President Drew G. Faust testified before a Senate committee in favor of bolstering the NIH budget. Faust argued at the time that the 13 percent loss in real dollars of NIH funding had “a cascading impact that [was] slowing progress and threatening future research that could lead to cures—and even ways to prevent disease.” Faced with a flat budget since 2003, the NIH suffered a backlog...
...recent study led by a Harvard researcher. Skilled immigrants who have historically stayed in the United States have proved a key source of innovation for the nation’s economy, according to Vivek Wadhwa, a Law School senior research associate who led the study. Wadhwa said 52 percent of Silicon Valley startups and a quarter of startups nationwide were started by immigrants in the last decade. But as the U.S. job market stagnates amid an unprecedented recession and economic opportunities increase in fast-developing nations such as China and India, immigrants have begun returning home, depriving the United States...
This year the school’s two-year Master in Public Policy (MPP) program received 1,696 applications, up 34 percent from 1,269 applications last year. The two-year Master in Public Administration in International Development, the school’s newest program, saw a 7 percent increase in applications, while applications to the two-year Master in Public Administration program rose only slightly. Applications to the one-year Mid-Career Master in Public Administration program are due Friday, and Joseph J. McCarthy, the director of degree programs, said he expects a good turnout in that program...