August 4th, 2009 | Uncategorized

Levin: Universities ‘will emerge leaner and stronger’ from downturn

newsweek.jpgUniversity President Richard Levin’s summer media blitz continues this week with an essay in Newsweek that outlines his views on how colleges and universities should respond to the economic downturn.

“For private endowment-dependent schools, two questions loom large: Did we spend too much during the good years? And did our unconventional investment model expose us to too much risk? The answer to each question is no,” writes Levin, who is also the Frederick William Beinecke Professor of Economics.

Levin has contributed to the magazine before, including an article about globalization and education that he wrote in 2006 for Newsweek International, which is edited by Yale Corporation fellow Fareed Zakaria ’86.