By C.B. Stearns, Princetonian Mortgage Broker Following significant endowment losses in 2008, the University will be investing in a joint venture with Somali pirates, Princeton University Investment Company (PRINCO) president Andrew Golden said in an interview Friday.
The College Board announced Thursday that it will suspend the five-year-old Advanced Placement (AP) course and exam in Italian Language and Culture after this May, citing lack of funds to continue offering the program.Last April, the College Board announced that it would only continue to offer the program if supporters could raise enough outside funding.?The valiant effort to raise the needed funds was confounded by the unforeseen challenge of the current economic situation,? College Board president Gaston Caperton said in a statement.The College Board, however, is not against the AP Italian program in principle.?If at some future date the funding partnerships needed to support an AP Italian program arise, the College Board will consider renewing work to develop and offer the AP Italian course and exam,? according to the statement.Supporters of the program were expecting the government of the Italian Republic to help provide the $1.5 million the College Board said it needed to continue operating the program.
Two months after the launch of the USG?s ?Which do you want more?? (WDYWM) project, the USG has publicized the sorted and compiled data, which shows that lower textbook prices top the list of issues important to students.The WDYWM survey, accessible at point.princeton.edu/fun, was launched Nov.
As sophomores consider their eating options for the coming year, the University has launched a new Independent Student Guide (ISG) to give interested students the resources necessary to decide if ?going independent? is for them.The new ISG was the work of the Freshman-Sophomore Council of the USG, with help from the Office of the Dean of Undergraduate Students (ODUS) and the Student Design Agency (SDA). A previous version of the ISG had been in existence since 2003 but had not been updated since 2006, and the Independent Student Union, which has traditionally been in charge of revising the website, is no longer in existence.?There is current interest in reviving the Independent Student Union,? said Devon Wessman-Smerdon ?05, the ODUS administrator who worked with the USG to create the new webpage.The revised webpage provides resources for grocery shopping, a list of local restaurants, advice and recipes for cooking, and information about local transportation options to get to shopping centers.
Students in search of caffeine at 4 a.m. can no longer turn to the U-Store to get their fix. Due to financial strain, the U-Store has been forced to cut five hours from its previous 24/7 operation schedule.
Students will no longer face the possibility of a 9 a.m. exam the day after Dean?s Date, following discussions between USG academics chair Ben Lund ?10 and University Registrar Polly Griffin.Lund met with Griffin in April 2008 to discuss the idea, he explained in an e-mail.?The fact that Dean?s Date is at 5 p.m.
Former assistant secretary of defense, national intelligence council chairman and Kennedy School of Government Dean Joseph Nye ?58, famous for his theory of ?soft power,? will be President-elect Barack Obama?s pick for U.S.
U.S. Senator Christopher ?Kit? Bond ?60 will not run for re-election in 2010, the 69-year-old senator said Thursday in an address before the Missouri General Assembly.Bond, who was elected governor of Missouri when he was 33 years old, explained that his decision to retire from the Senate had to do with his age.?In 1972, I became Missouri?s youngest governor.
Marc Harris, an inmate who escaped from a Montgomery Township facility Tuesday morning was caught early Thursday in Vineland, roughly 80 miles south of Princeton.?The Department of Corrections? Fugitive Unit are the ones who apprehended him,? New Jersey Department of Corrections spokesman Matthew Schuman said.
President-elect Barack Obama announced Thursday afternoon that he has selected William Lynn GS ?82 for deputy secretary of defense, the second-highest-ranking official in the Department of Defense behind Secretary of Defense Robert Gates.Lynn, who received his bachelor?s degree from Dartmouth and law degree from Cornell before earning an MPA from the Wilson School, formerly served as Pentagon chief financial officer and comptroller in the Clinton administration and is currently senior vice president of government operations and strategy at major American defense contractor Raytheon Company.Obama also announced other Department of Defense picks, including Robert Hale for comptroller, Michele Flournoy for undersecretary of defense for policy and Jeh Charles Johnson for general counsel.?I am confident that these distinguished individuals have the expertise and commitment needed to help me implement a sustainable national security strategy that combats 21st century threats and keeps the American people safe,? Obama said in a statement.Lynn has earned numerous Department of Defense medals for distinguished public service, including the Joint Distinguished Civilian Service Award and the 2000 Distinguished Federal Leadership Award for his work in improving defense accounting practices.
Queen Elizabeth II has honored history professor Linda Colley and her husband, history lecturer David Cannadine, for their service to the British Empire.
With the launch of TigerTransit this Monday came the end of the P-Rides Express shuttle and the employment of the students who helped run it.The P-Rides Express shuttle service, which provided on-demand transportation to students, faculty and staff between the hours of 5 p.m.
Nearly 600 students from 40 regional high schools and middle schools filled Jadwin and McDonnell halls on Thursday afternoon to compete in a regional tournament of the New Jersey Science Olympiad.The tournament, which consisted of 16 events, tested students on their knowledge of various subjects, including chemistry, ecology and meteorology.
In response to a recently announced $1.3 million 2009 budget shortfall, Princeton Borough will likely cut jobs and raise taxes and fees in the upcoming year, Borough Administrator Robert Bruschi said.?We have to come up with $1.3 million and have to live within the state budget guidelines ? We?ve cut the expenses we can cut, so all that is left is to cut jobs,? he said, noting that the Borough is under a number of constraints.
President Tilghman announced Thursday that the endowment has lost at least 11 percent of its value in the four months since the end of the fiscal year on June 30, 2008, in a letter sent to the campus community.This figure ? which does not include the non-marketable securities that comprise half of the endowment ? does not capture the full extent of the loss, she said, noting that the University will plan for a 25 percent decrease by the end of the current fiscal year in June.
Wilson School Dean Anne-Marie Slaughter ?80 is slated to become the head of policy planning at the Department of State under Hillary Clinton, President-elect Barack Obama?s nominee for Secretary of State, according to several media outlets.The Associated Press and Reuters reported Thursday that anonymous sources have confirmed that Clinton intends to pick Slaughter for the post.
The final defendant in the 2007 Rider University hazing death case was sentenced to three years of probation last month.