Princeton spared from endowment tax, PRINCO executive says, saving hundreds of millions

Princeton spared from endowment tax, PRINCO executive says, saving hundreds of millions

Nico David-Fox and Gray Collins

The University’s expanded financial aid program has brought its number of tuition-paying students below the threshold for a new 8 percent federal tax on the wealthiest university endowments enacted by Congress in July. Princeton was predicted to lose roughly $180 million annually on its investment income under the tax, which peer institutions are gearing up to pay.

The University’s expanded financial aid program has brought its number of tuition-paying students below the threshold for a new 8 percent federal tax on the wealthiest university endowments enacted by Congress in July. Princeton was predicted to lose roughly $180 million annually on its investment income under the tax, which peer institutions are gearing up to pay.

NEWS | May 8

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Following 5th longest Jeopardy streak, Jamie Ding ’13 returns focus to housing

Following 5th longest Jeopardy streak, Jamie Ding ’13 returns focus to housing

Benedict Hooper

Jamie Ding ’13, who recently ended his streak on “Jeopardy!”, spoke with the ‘Prince’ about his plans to make housing more affordable across New Jersey.

Jamie Ding ’13, who recently ended his streak on "Jeopardy!", spoke with the ‘Prince’ about his plans to make housing more affordable across New Jersey.

NEWS | May 8

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Somerset County Commissioner Director Shanel Robinson runs for N.J.-12 Democratic House nomination

Somerset County Commissioner Director Shanel Robinson runs for N.J.-12 Democratic House nomination

Emily Murphy

Somerset County Commissioner Director and U.S. Air Force veteran Shanel Robinson, who is running for the Democratic nomination to Congress to represent New Jersey’s 12th district, sat down with the ‘Prince’ to discuss her campaign priorities.

Somerset County Commissioner Director and U.S. Air Force veteran Shanel Robinson, who is running for the Democratic nomination to Congress to represent New Jersey’s 12th district, sat down with the ‘Prince’ to discuss her campaign priorities.

NEWS | May 8

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New Jersey man charged with harassment after approaching two Princeton students

New Jersey man charged with harassment after approaching two Princeton students

Oliver Wu

The man, identified as 28-year-old Dimario Wynter, was released pending future court appearances. Wynter was identified as a Lyft driver but has since been removed from the rideshare platform.

The man, identified as 28-year-old Dimario Wynter, was released pending future court appearances. Wynter was identified as a Lyft driver but has since been removed from the rideshare platform.

NEWS | May 7

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Princeton Canvas operational again after data breach-related outage

Princeton Canvas operational again after data breach-related outage

Nico David-Fox

Princeton’s course-management platform Canvas briefly went dark Thursday afternoon after the cybercriminal group ShinyHunters claimed to have hacked Instructure, which runs Canvas. Access was restored late Thursday night.

Princeton’s course-management platform Canvas briefly went dark Thursday afternoon after the cybercriminal group ShinyHunters claimed to have hacked Instructure, which runs Canvas. Access was restored late Thursday night.

NEWS | May 7

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Griffin-Cole fund backs innovative climate and energy research at HMEI

Griffin-Cole fund backs innovative climate and energy research at HMEI

Razvan Verde

Christopher A. Cole '81 and Barbara Griffin Cole '82 GS '85 named the Griffin-Cole Climate and Energy Grand Challenge Fund within HMEI, providing new support for faculty research and student involvement in climate and energy work.

Christopher A. Cole '81 and Barbara Griffin Cole '82 GS '85 named the Griffin-Cole Climate and Energy Grand Challenge Fund within HMEI, providing new support for faculty research and student involvement in climate and energy work.

NEWS | May 6

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Physics department to run grading experiment using AI

Physics department to run grading experiment using AI

Giselle Moreno

Princeton’s physics department will test whether AI can grade exams by comparing faculty-graded exams with those generated by Gemini Pro.

Princeton’s physics department will test whether AI can grade exams by comparing faculty-graded exams with those generated by Gemini Pro.

NEWS | May 6

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Princeton professor Yiyun Li and journalist Natalie Obiko Pearson ’99 win Pulitzer Prizes

Princeton professor Yiyun Li and journalist Natalie Obiko Pearson ’99 win Pulitzer Prizes

Oliver Wu and Elizabeth Hu

Li was awarded the memoir or autobiography prize for her memoir “Things in Nature Merely Grow,” and Pearson was honored for her role in the Bloomberg graphic novel “trAPPed.” Three Princeton faculty and one alumna were also named finalists in various categories.

Li was awarded the memoir or autobiography prize for her memoir “Things in Nature Merely Grow,” and Pearson was honored for her role in the Bloomberg graphic novel “trAPPed.” Three Princeton faculty and one alumna were also named finalists in various categories.

NEWS | May 6

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Annual May Day protest draws smaller crowd than expected

Annual May Day protest draws smaller crowd than expected

Toby Chang

About 200–250 protesters gathered near Robertson Hall for a May Day march organized by Resistencia en Acción, calling for labor and immigrant rights. Speakers urged political action as the peaceful event concluded with community testimonies.

About 200–250 protesters gathered near Robertson Hall for a May Day march organized by Resistencia en Acción, calling for labor and immigrant rights. Speakers urged political action as the peaceful event concluded with community testimonies.

NEWS | May 5

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New banner rules, budget breakdown at last CPUC meeting of the year

New banner rules, budget breakdown at last CPUC meeting of the year

Gray Collins

At its last meeting of the academic year, members of the CPUC presented changes to banner policy at ceremonial events, reviewed the 2027 fiscal year budget, and discussed modifications to meeting recording policy.

At its last meeting of the academic year, members of the CPUC presented changes to banner policy at ceremonial events, reviewed the 2027 fiscal year budget, and discussed modifications to meeting recording policy.

NEWS | May 5

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New class councils discuss community, legacy, and trust following election reruns

New class councils discuss community, legacy, and trust following election reruns

Andrew Arthur

After election reruns caused by a voting method error, Princeton’s Classes of 2027, 2028, and 2029 finalized their class council leadership, with only two positions being contested and re-decided. Council members emphasized goals of strengthening community, increasing transparency and trust in USG, and expanding programming for their classes.

After election reruns caused by a voting method error, Princeton’s Classes of 2027, 2028, and 2029 finalized their class council leadership, with only two positions being contested and re-decided. Council members emphasized goals of strengthening community, increasing transparency and trust in USG, and expanding programming for their classes.

NEWS | May 5

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Carolina Figueiredo GS named inaugural winner of Vera Rubin New Frontiers Prize

Carolina Figueiredo GS named inaugural winner of Vera Rubin New Frontiers Prize

Daphne Lewis and Haeon Lee

Physics graduate student Carolina Figueiredo GS won $50,000 as the inaugural laureate of the Breakthrough Prize Foundation’s Vera Rubin New Frontiers Prize on April 18. She was the sole recipient of the prize in its founding year, chosen for her Ph.D. research at Princeton that unearthed “hidden relations among quantum field theories.”

Physics graduate student Carolina Figueiredo GS won $50,000 as the inaugural laureate of the Breakthrough Prize Foundation’s Vera Rubin New Frontiers Prize on April 18. She was the sole recipient of the prize in its founding year, chosen for her Ph.D. research at Princeton that unearthed “hidden relations among quantum field theories.”

NEWS | May 3

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Fire in Wendell kitchen extinguished by student after smoke filled building

Fire in Wendell kitchen extinguished by student after smoke filled building

Nico David-Fox

A kitchen fire in Wendell Hall on Saturday night filled the building with smoke before a student used a fire extinguisher to put it out. Firefighters later arrived, cleared the smoke, and assessed damage, temporarily displacing at least one student whose room was affected.

A kitchen fire in Wendell Hall on Saturday night filled the building with smoke before a student used a fire extinguisher to put it out. Firefighters later arrived, cleared the smoke, and assessed damage, temporarily displacing at least one student whose room was affected.

NEWS | May 2

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A Yale report blamed universities for declining public trust. Princeton professors are divided.

A Yale report blamed universities for declining public trust. Princeton professors are divided.

Devon Rudolph

Yale University recently released a report that publicly addressed what a faculty committee found to be shortcomings at Yale and across higher education — issues on which Princeton professors remain divided. The Daily Princetonian spoke with professors and Dean of the College Michael Gordin to discuss the implications of the report on Princeton.

Yale University recently released a report that publicly addressed what a faculty committee found to be shortcomings at Yale and across higher education — issues on which Princeton professors remain divided. The Daily Princetonian spoke with professors and Dean of the College Michael Gordin to discuss the implications of the report on Princeton.

NEWS | May 1

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