Princeton Follows
It took a week, but
Princeton has followed Harvard's lead and abolished early admissions. Meanwhile, the
Yale Daily News worries that Yale president Rick Levin is worried that, if he makes a change, he'll be seen as following Harvard's lead. The YDN doesn't actually think that abolishing early admission is a good idea...but on the other hand, it doesn't want Levin to be a wuss.
Meanwhile, Harvard's endowment grew by about $3.3 billion, but its return was only (only!) about 16.7 percent, down from 19.2 percent and 21.1 percent the previous two years. The Crimson gives in to a little cheerleading at the expense of journalism, headlining its story
University Endowment Reaches Record Highs. Well, it does that every year, and if it had gained a dollar from the year before, it still would have been a record high. The drop in the rate of return is the real story here... Did disagreements between Larry Summers and Jack Meyer cost the university between 2.5 and 4.4 percent on its rate of return?
And
over on Open University, neither Steve Pinker nor Larry Summers have blogged about the new
NAS report on women in science. Shocker!
