Word: profit
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...Crimson previously reported that the three schools' discussions are focusing on a not-for-profit alliance that would probably not grant academic credit. They are discussing offering resources related to the arts and sciences at the A.B. and general education levels, Princeton Provost Jeremiah P. Ostriker '59 told The Crimson in an earlier interview...
...matters this week, the state and the University are now embroiled in a lawsuit over the HMO's right to the Harvard brand name. Although this quibbling points to legitimate concerns on both sides, it would be a shame if it ultimately interfered with HPHC's bailout and non-profit future...
...state's suit against the University, Attorney General Thomas F. Reilly has asserted that giving up the Harvard name would cause HPHC to lose investors, status and important name recognition. On the University side, HPHC and Harvard are both in the medical field. Should the HMO become a for-profit organization, it might begin entering into new lines of business that would directly compete with the University...
...damage has already been done. The lawsuit has already diverted attention away from the HMO's urgent financial needs. Harvard is seen as one of the key players needed to revive HPHC; without its support it may be sold to a for-profit HMO--a conclusion that neither the University nor the state would look favorably upon. By pushing the state on the name issue, Harvard makes the for-profit option more attractive to state officials who have been trying to bring together investors since early January. Harvard's intransigence on this issue could easily lead to what it fears...
However, Gregorian said distance education is going to benefit professional development. But he also said integrity and copyright issues should be a concern, as should the question of whether universities--and their individual faculty members--could become "profit centers...