Word: percenting
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Yale is now scouring for an additional 5 percent in budget cuts from departments, since administrators had planned for an economic rebound that never came, and humanities and foreign language departments are suffering. “The only area where we can reduce costs is the one area where undergrads need us the most, language instruction,” Benjamin Foster, acting chair of Yale's Near Eastern Languages and Civilizations department, told the Yale Daily News. “But it’s chickenfeed compared to the rest of Yale’s budget...
...star on and off the field, Berry also ranked among his graduating class’ top five percent in GPA and was Director of the Cambridge Youth Enrichment Program during his time at Harvard...
Princeton’s endowment shrank by 23 percent this past fiscal year—beating Harvard’s 30 percent loss—but the decrease was buffered by the school’s decision to finance its operating expenses using bonds and other sources of cash, rather than drawing on its endowment...
...Princeton University Investment Company, which manages the school’s endowment, reported investment losses of 23.7 percent this past year—better than the 30 percent loss predicted in the spring. The loss brings the total value of Princeton’s endowment as of June 30 to $12.6 billion, down from $16.3 billion last year...
...mutual exchange of ideas. But he also drew attention to the shift in the global balance of powers away from Europe and toward Asia, whose economic growth in recent years has spurred calls for greater world recognition. Indonesia’s economy grew at a rate of over 6 percent in the past year...