October 9, 2013

Page 1

Daily

Herald

THE BROWN

vol. cxlviii, no. 86

since 1891

WEDNESDAY, OCTOBER 9, 2013

Yellen ’67 to be nominated to Fed Chair post Lecturer If confirmed by the Senate, Yellen would be the first woman to head the Federal Reserve By BRITTANY NIEVES SENIOR STAFF WRITER

COURTESY WIKIMEDIA COMMONS

Prior to her position as vice chair of the Federal Reserve, Yellen was chief executive officer of the Federal Reserve Bank of San Francisco.

President Obama will nominate Janet Yellen ’67, current vice chair of the Federal Reserve’s Board of Governors, for the Federal Reserve Chair position today, the White House announced Tuesday. If confirmed, Yellen would be the first woman to lead the bank in its 100year history. Ben Bernanke, current chairman of the Federal Reserve, will retire January 2014. Yellen’s confirmation would also make her one of two Brown alums to

lead major economic institutions — Jim Yong Kim ’82 currently leads the World Bank. Yellen’s confirmation process will be in front of a majority Democratic Senate. Barring a filibuster, she is expected to have enough support to be confirmed. Prior to her position as vice chair, Yellen served as chairwoman of President Bill Clinton’s Council of Economic Advisers and as president and chief executive officer of the Federal Reserve Bank of San Francisco. She has also taught at universities including Harvard and the University of California at Berkeley. “I noticed when she was appointed vice chair several years ago. I had looked her up to make sure she was the same person I went to school with,” » See YELLEN, page 4

Survey suggests employment on rise for recent grads The most popular employers include Google, the University and Morgan Stanley By GABRIELLE DEE SENIOR STAFF WRITER

The number of students entering employment immediately after graduation increased from 56 percent in 2009 to 65 percent in 2012, according to a survey conducted by CareerLAB. Of the 1,321 members of the class of 2012 who responded to the survey, 24 percent alternatively pursued fulltime graduate or professional study immediately following graduation, 11 percent pursued “other endeavors”

including volunteering, fellowships and additional courses, and 36 graduates reported that they were still “seeking employment” as of March this year. Data for the survey was collected between May 2012 and March 2013. Medicine, law, and teaching and education were the three most popular professional degrees pursued by alums, while education, finance and banking, and science and research were the three most common post-employment industries. The five most popular employers were Teach for America, Brown, Google, Morgan Stanley and Epic Systems. CareerLAB Director Andrew Simmons said he assumed the spike in employment is a result of a better

economy. Education might be the most popular sector due to the vast opportunities it offers, while the low number of students working in the government and public policy sector is due to the amount of specialization needed to go into these fields — students need to gain “frontline experience” first, Simmons said. Simmons added that the survey might underestimate the numbers pursuing graduate and professional study as many students work for a few years before entering graduate school. The number of students entering medical school is also boosted by the students in the Program in Liberal Medical Education class, he said. Clearer trends might be evident

once CareerLAB gathers data over a longer period of time, Simmons added, and if CareerLAB examines how alums have changed their career tracks 10 years after graduating. CareerLAB also sorted its postgraduate data by concentration on its website and linked it to Focal Point, indicating the diversity of career opportunities that exist within each discipline, Simmons said. “What alumni do is all over the place. This is consistent with the kind of place that Brown is,” he added. Because students from the class of 2013 have not yet had enough time to solidify their plans after Brown, CareerLAB plans to release data indicating their post-employment paths in the » See EMPLOYMENT, page 3

elucidates Mars missions Grotzinger discussed previous rover missions and the possibility of life on the ‘Red Planet’ By EMMA JERZYK CONTRIBUTING WRITER

Mars may have once been a habitable place for life, said John Grotzinger, a project scientist for the Curiosity Rover and a professor of geology at the California Institute of Technology, in a lecture he delivered yesterday in nearly full MacMillan 117. The rover Curiosity landed on Mars after missions by three previous rovers, Sojourner, which was launched in 1996, and Spirit and Opportunity, which were launched in 2003. Pathfinder served as a guinea pig for landing vehicles on Mars, and Spirit and Opportunity landed in search of water. But Curiosity was launched to look more closely at the chemistry of Mars to see if the planet could support life, Grotzinger said. Curiosity landed in the Gale Crater, which has a large mountain — Mount Sharp — in the middle of it. This mission marks the first in which landing in Gale Crater was possible. In previous missions, landing technology was not » See MARS, page 2

SCIENCE & RESEARCH

At forum, BCA outlines Spring Weekend act selection By EMMA HARRIS CONTRIBUTING WRITER

inside

Brown Concert Agency held its first of many open forums to inform the student body of the Spring Weekend planning process and solicit student opinions yesterday at 6 p.m. in Salomon 101. “We want to reach out to the student body, and we want them to understand the process of the concert planning and how it works,” said Micah Greenberg ’14, booking chair BCA plans on holding more open forums, setting up a table on the College Green in the months leading up

to Spring Weekend and taking into account the preferences students express in the ongoing Undergraduate Council of Students poll, she said. BCA’s primary purpose is to “provide students with the best acts possible,” said Cameron Johnson ’14, administrative chair. BCA reaches out to the student body for their foundation of information, he said. The meeting consisted of a discussion of BCA’s timeline for the year, their selection of performers, ticketing issues and a question-and-answer session on what groups BCA can afford. About 14 students attended, including four non-BCA members. Instead of having a Fall Concert, Greenberg said BCA requested a “super-sized budget” to make this year’s Spring Weekend “truly memorable.” “We try to predict what will be popular in the spring,” Johnson said.

Last year, BCA was able to book Kendrick Lamar at an affordable price by acting early. Within 24 hours of his album “good kid, m.A.A.d city” leaking in February, all BCA members listened to it online and contacted their middle agent to book him, Johnson said. Due to budget constraints, artists such as Beyonce and Taylor Swift are out of reach. In his hit song “Started from the Bottom,” when Drake raps, “now I’m on the road, half a million for a show,” he’s not kidding, Johnson said. But booking artists like Lorde is possible, Greenberg said. “This year isn’t quite like the others,” Greenberg said. “It’s the 250th anniversary of Brown, and Spring Weekend is really the only event that brings the whole undergraduate body » See BCA, page 5

EMILY GILBERT / HERALD

BCA members said reaching out to their middle agent as soon as Kendrick Lamar’s album first leaked helped them book the artist. Herald file photo.

What stinks?

Mind on fire

Drone wars

Students report seeing a larger number of skunks on campus this year

Assistant professor explores the stories of the psychiatric patients she treats

Robyn Sundlee ’16 calls for more transparency and certainty in drone strikes

UNIVERSITY NEWS, 2

SCIENCE & RESEARCH, 5

COMMENTARY, 7

weather

BCA will have a larger budget than in years past for the U.’s 250th anniversary

t o d ay

tomorrow

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October 9, 2013 by The Brown Daily Herald - Issuu