News

Endowment returns up 5 percent as of Sept. 30

Endowment returns up 5 percent as of Sept. 30

The University endowment’s return on its investments rose more than 5 percent during the fiscal quarter ending on Sept. 30, University spokeswoman Cass Cliatt ’96 said in an interview with The Daily Princetonian. She also said in an e-mail to the ‘Prince’ that the investment returns have seen “modest additional gains” over the last nine weeks, but she added that the University did not have data on the value of the endowment as of Sept. 30.

NEWS | 12/08/2009

GRE to change in 2011

Princeton students leaving through FitzRandolph Gate for graduate school in the future will face a new step in the application process: a revised, longer version of the Graduate Record Examination (GRE).

NEWS | 12/08/2009

Inside the Vault: Private Holdings

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.

NEWS | 12/08/2009

New visual arts head overhauls program

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.

NEWS | 12/08/2009

Dudeck named chief of Borough Police

Borough Police Lt. David Dudeck was sworn in as Princeton Borough’s police chief at the Borough Council meeting Tuesday evening.

NEWS | 12/08/2009

Faculty passes P/D/F reform

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.

NEWS | 12/07/2009

A taste of traditional Thailand

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.

NEWS | 12/07/2009

Altman ’11, Yaroshefsky ’12 penalized for infractions

USG presidential candidates Jack Altman ’11 and Michael Yaroshefsky ’12 were forced to dismantle their websites.

NEWS | 12/07/2009

Grehan ’10 wins Sachs Scholarship

Wilson School major Josh Grehan ’10 has been awarded this year’s Sachs Scholarship.

NEWS | 12/07/2009

Inside the Vault: Risky Business

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.

NEWS | 12/07/2009

Inside the Vault: The Boom Years

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.

NEWS | 12/06/2009

Police use pepper spray to break up fight on the Street

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.

NEWS | 12/06/2009

Students flock to 'Co-op Hop'

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.

NEWS | 12/06/2009

Yaroshefsky ’12 leads by 14 points in early poll

Michael Yaroshefsky ’12 appears poised to receive the most votes of the three presidential candidates in this week’s election.

NEWS | 12/06/2009

Snowy, with no chance of nudity

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.

NEWS | 12/06/2009

A sneak peek at campus

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.

NEWS | 12/03/2009

U. trails Yale in law school acceptance rates

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.

NEWS | 12/03/2009

Despite cuts, U. sees 241 apply for RCA spots

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.

NEWS | 12/03/2009

Dorison ’11 returns from U.K. in time for VP election

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.

NEWS | 12/03/2009

U. opposed to two-ply toilet paper in campus bathrooms

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.

NEWS | 12/03/2009

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