University Medical Center receives $25 million donation
David and Patricia Atkinson, former residents of nearby West Windsor, pledged to donate $25 million to the University Medical Center at Princeton (UMCP), the largest donation ever made to a New Jersey hospital.
The money will be used to replace the hospital in Princeton with a new facility in Plainsboro. The expected cost of the move, which is scheduled to be completed in 2011, is $441 million. This figure also includes funds for new healthcare innovations and sustainability initiatives.
David Atkinson, a private investor, retired from the money management firm Miller Anderson & Sherrerd in 1992. Patricia Atkinson has volunteered with the hospital for several years. Two of their five children were born in the hospital, and both of David’s parents received treatment there. The Atkinsons currently live in Pennsylvania.
Columbia expands financial aid policy
Columbia has announced that it will join six other Ivy League universities in revamping its financial aid policy for middle- and lower-income students.
Columbia will no longer require families with incomes under $60,000 to contribute to the cost of tuition, room and board. This threshold is up from the previous $50,000 requirement for full aid. Columbia will also increase the amount of aid for families earning $60,000 to $100,000, who “will see a significant reduction” in undergraduate fees, according to the university’s website. Columbia will also follow in Princeton’s footsteps in replacing loans with grants.
The new policy will cause a roughly $1 million annual increase in the financial aid budget. The revised budget will be financed by an increase in endowment spending and more fundraising efforts.
Spitzer ’81 may face impeachment
New York Assemblyman and Minority Leader James Tedisco (R) said Tuesday that he will move to impeach Gov. Eliot Spizter ’81 if the embattled officeholder does not step down from his post by Thursday. The threat came just one day after The New York Times reported that Spitzer was an alleged client of a high-priced prostitution ring.
When contacted yesterday afternoon by The Daily Princetonian at his Manhattan residence, Spitzer, a Wilson School concentrator and Cloister Inn member who served as USG Chairman while at the University, again declined to comment on whether he will leave office. “I am not speaking to the media at this time,” Spitzer said.
WCBS News reported Tuesday that Spitzer may resign as early as this morning but only after a deal has been struck between his attorneys and federal authorities on the criminal charges he may face. ABC News also reported Monday that Spitzer had originally planned to resign at 7 p.m. that day, but at the last minute changed his mind after speaking with his advisers.
While the governor, his wife and three teenaged daughters remained out of the public eye, N.Y. Lt. Gov. David Paterson traveled to Albany on Tuesday afternoon. He told reporters that he has not heard from Spitzer since Monday. “No one has talked to me about his resignation, and no one has talked to me about a transition,” he said.
If Spitzer does resign, Paterson would serve out the remainder of his term, which ends in January 2011. State Sen. Joseph Bruno, New York’s top Republican, would assume the duties of the lieutenant governor.
Read More
Justice Ketanji Brown Jackson reflects on path to the Supreme Court in campus lecture
Isaac Bernstein and Justus WilhoitAt Princeton’s Harlan Lecture, Justice Ketanji Brown Jackson discussed her journey to the Supreme Court, the power of dissenting opinions, and the importance of inspiring future generations.
At Princeton’s Harlan Lecture, Justice Ketanji Brown Jackson discussed her journey to the Supreme Court, the power of dissenting opinions, and the importance of inspiring future generations.
Student employment in flux as University navigates budget cuts
Kian PetlinThe future of student employment remains uncertain amid budget cuts, with impacts ranging from reduced hours to staffing shortages.
The future of student employment remains uncertain amid budget cuts, with impacts ranging from reduced hours to staffing shortages.
Five percent of Class of 2029 identify as Black or African-American, lowest since 1968
Sena ChangIn the Class of 2029, 5 percent of students identified as Black or African American — the lowest share in many years, compared to the roughly seven to nine percent range in the past two decades.
In the Class of 2029, 5 percent of students identified as Black or African American — the lowest share in many years, compared to the roughly seven to nine percent range in the past two decades.