Word: tiered
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Last spring, in the first move by a top-tier university to address grade inflation, Princeton faculty approved plans for a non-binding 35 percent cap on the number of A-level grades given within departments...
...National Association of Independent Schools (NAIS), a pre-collegiate organization that keeps tabs on issues that affect top-tier schools to which many prep schools send their students, grade inflation at the university level is not a primary concern...
...Harvard, the chief disadvantage to external management could be decreased performance, because some top-tier external managers only permit each investor to invest a few million dollars. This means that Harvard would have to work with scores of different investors to manage its billions...
...same is true of private equity and external hedge funds, Meyer adds. As a result, Harvard’s size could mean that once it has exhausted investment opportunities with top-tier firms, it has “to go down the quality spectrum [of firms], which is very dangerous,” according to Meyer...
...same is true of private equity and external hedge funds, Meyer adds. As a result, Harvard’s size could mean that once it has exhausted investment opportunities with top-tier firms, it has “to go down the quality spectrum [of firms], which is very dangerous,” according to Meyer...