Just because the University has a $12.6 billion endowment doesn’t mean that it can quickly come up with $12.6 billion to spend on any given day. In fact, the University can only convert about half of its endowment to cash with ease.
This spring, the Program in Visual Arts will lose seven of the 14 instructors currently teaching fall courses following the hiring of Joseph Scanlan, who is due to begin as the program’s director in February.
Borough Police Lt. David Dudeck was sworn in as Princeton Borough’s police chief at the Borough Council meeting Tuesday evening.
Members of the faculty voted Monday afternoon to approve a USG proposal to reform the pass/D/fail policy. Under the new system, students will be able to switch to P/D/F between the seventh and ninth weeks of the semester, and they will no longer be able to rescind the option later in the semester.
As she manned the stove and register, Chirida De Toro was dreaming of the perfect bowl of noodle soup. The broth can take more than a week to prepare traditionally, and — with working in the Rocky-Mathey Dining Hall, cooking full time at her restaurant and teaching cooking classes — De Toro, or “Da,” as her customers and family call her, has trouble finding the time.
USG presidential candidates Jack Altman ’11 and Michael Yaroshefsky ’12 were forced to dismantle their websites.
Wilson School major Josh Grehan ’10 has been awarded this year’s Sachs Scholarship.
If the Princeton University Investment Company (PRINCO) had instead adopted a more conservative investment strategy 10 years ago, focusing on highly liquid assets that offered great short-term flexibility, the endowment would be worth less than half of what it is worth today, PRINCO president Andrew Golden said.
Many of this year's budget cuts came in response to the plunge in the financial markets last year, which brought the value of the endowment down by nearly a quarter. But Andrew Golden, the gray-haired and bespectacled president of the Princeton University Investment Company, is not too worried.
Roughly 10 to 20 people were involved in a fight on Saturday evening at a dance hosted at the Fields Center. The conflict escalated until Borough Police sprayed the crowd with pepper spray.
Roughly 150 students decked out in semiformal attire roamed across campus on Friday night as part of the first-ever “Co-op Hop,” in which co-op members and their guests sampled food at each of the three co-ops before arriving at Campus Club for dinner to conclude the tour.
Michael Yaroshefsky ’12 appears poised to receive the most votes of the three presidential candidates in this week’s election.
This Saturday, when the rain turned into the year’s first snow, the courtyard of Holder Hall remained empty. For the 11th straight year, members of the sophomore class opted not to risk the one-year suspension that accompanies participation in the Nude Olympics.
Assistant Dean of the College Diane McKay did not indicate that varsity athletes are a target group for the Freshman Scholars Institute (FSI) but some students who have attended FSI said the program was dominated by athletes.
In 2008, Princeton’s applicants were less successful than Yale’s in gaining acceptance to the nation’s top law schools, according to data provided by both universities. Roughly 32 percent of Princeton applications to the top 12 law schools of U.S. News & World Report’s 2009 rankings were awarded admission in 2008, according to the Office of the Dean of the College. At Yale, that number was 37 percent.
Though University administrators have decided to cut six RCA positions next year, the number of RCA applications has risen slightly, to 241 up from 234 last year.
USG vice presidential candidate Sam Dorison ’11 returned to campus last night after a semester abroad in Oxford. His return comes four days into the campaigning period for next week’s USG elections and three days before the polls open on Monday.
University spokeswoman Cass Cliatt '96 explained that the University currently purchases a “mid-level toilet tissue” that is higher in quality than the most basic commercially available products. A move to two-ply tissue, she added, would make little financial or environmental sense.
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Around 8 a.m. on a weekday morning last spring, when most students were still fast asleep or groggily pounding their snooze buttons, a line had already begun to form inside 185 Nassau St. Some students in the line had been holding their spot for over an hour, armed with textbooks and laptops and ready for the long haul.
