Tone changes in investment ethics debate

April 11, 2001
Yale students have a storied history of making very public attempts to convince the University to divest from various holdings in its endowment. After years of highly visible discord, however, the investment ethics debate has now become more focused and less contentious. While activists continue to lobby the Yale Corporation about investment ethics decisions, the »

Yale’s endowment now nation’s second largest

April 9, 2001
Yale’s astonishing 41 percent endowment return during fiscal year 2000 has made it the second wealthiest university in the world behind only Harvard, according to a report issued by the National Association of College and University Business Officers. Yale’s stellar investment performance in the last fiscal year dwarfed the average university return, enabling the endowment »

MIT to offer access to materials online

April 5, 2001
In a move that could transform the way universities use the Internet, the Massachusetts Institute of Technology announced yesterday that it would offer nearly all of its course materials online for free public use. MIT’s $100 million commitment to the project, which is to be completed over 10 years, will make lecture notes, video lectures, »

At ceremony, Kramer, Yale reconcile

April 3, 2001
When Larry Kramer ’57 and Yale officials embraced at a ceremony held yesterday at the Beinecke Rare Book and Manuscript Library in Kramer’s honor, the small audience of administrators, faculty and Kramer’s friends exuded a feeling of triumph. For nearly four years, University officials engaged in contentious negotiations with Kramer, a prominent playwright and gay »

4 years after bitter feud, Kramer will make gift

April 2, 2001
After years of contentious negotiation, Yale will announce today that writer and gay activist Larry Kramer ’57 is donating his papers and manuscripts to the Beinecke Rare Book and Manuscript Library, and that his brother, Arthur Kramer ’49, will give $1 million to the University to fund the Kramer Initiative for Lesbian and Gay Studies »

Levin still looking for new VP

March 30, 2001
More than one year after Vice President of Finance and Administration Joseph Mullinix announced he would leave Yale for the chancellorship of the University of California system, the post he once held remains vacant, leaving some wondering if any ill effects will result from the prolonged search. Yale President Richard Levin was confident in December »

Unions vote to support GESO, hospital workers

March 29, 2001
In their first joint meeting since 1996, members of Yale’s two recognized unions, Locals 34 and 35, voted overwhelmingly last night to support the Graduate Employees and Students Organization and Yale-New Haven Hospital workers in their organization efforts. Local 34 and 35 members showed their support through a voice vote, marking the first time Yale »

’70s debt program finally ending

March 27, 2001
Long before Princeton University had notions of eliminating student loans entirely, Yale had another type of innovative financial aid initiative — one that, despite seemingly noble intentions, failed miserably. The Tuition Postponement Option was a student loan program in the 1970s that enabled groups of undergraduates to pay off loans as a “cohort” by committing »

Yale moves forward with Science Hill projects

March 21, 2001
As planning and construction efforts on Science Hill intensify, the first major piece of last year’s $500 million initiative is nearing completion. The $42 million Class of ’54 Environmental Science Center, located on Sachem Street next to the Peabody Museum, will be dedicated this fall and ready for occupancy by early 2002. While the building »

Budget guru Sax leaves surpluses for Ariz. retirement

March 20, 2001
Gary Sax, director of Yale’s Office of Budget and Planning, is leaving the University in June to retire in Tucson, Ariz., with his wife. Sax has served as budget director since 1996 and is responsible for preparing Yale’s $1.3 billion budget. He reports to the vice president of finance and administration and works closely with »

Faculty salary pool rises five percent

March 20, 2001
With a five percent increase in salary spending slated for fiscal year 2002, Yale’s faculty will remain among the best compensated in the nation, though not necessarily the highest paid. The boost to the faculty salary pool marks the third year in a row the University has increased that funding at a rate two percent »

Termite armies to drive faculty from 70 Sachem

March 19, 2001
There’s an audible buzz of productivity at the political science building on Sachem Street, but it’s not coming from the faculty. A termite problem in 70 Sachem St., home to more than a dozen political science faculty, is so serious that the building will be demolished or undergo a major structural renovation, said Provost Alison »