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...Yale’s endowment by June. University President Drew G. Faust also forecasted a similarly significant endowment drop of roughly 30 percent by the end of this academic year. Still, Suzy M. Nelson, the associate dean of residential life, said that the need for House renewal will take precedence??even amid sweeping budget cuts. Nelson reiterated the College’s commitment to the “ambitious” renewal plan, calling it a priority and echoing sentiments expressed by Faust, Dean of the Faculty of Arts and Sciences Michael D. Smith, and College Dean Evelynn...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: Economy Will Not Stop House Renewal | 3/2/2009 | See Source »

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