NEW HAVEN, CONNECTICUT · MONDAY, MARCH 3, 2014 · VOL. CXXXVI, NO. 98 · yaledailynews.com
INSIDE THE NEWS MORNING EVENING
SNOWY CLEAR
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CROSS CAMPUS
BASEBALL YALE BEATS LOUISIANA STATE
SERVICE
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Luther House to accept residents in new social justice venture
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Life after Yale? A recent article from The Atlantic declares, “Businesses Don’t Care If Their Employees Went to Yale.” The claim is based on a recent Gallup survey that found only 9 percent of business leaders say the school on a candidate’s diploma is “very important,” compared to 84 percent who emphasized knowledge in the field. The study also notes that 96 percent of college provosts say students are prepared after graduating, compared to only 14 percent of the public. Humble origins. According
to a recent article in The Courant, Lupita Nyong’o’s DRA ’12 former teachers were not surprised at her rapid rise to fame. Ron Van Lieu, chairman of the acting program at the School of Drama, said accepting her was a “no-brainer” according to the piece. Nyong’o originally auditioned for the School of Drama playing Juliet in a scene from “Romeo and Juliet.”
Freshman year ramblings. The Daily Princetonian published an online post making fun of their class of 2018 Facebook page. The piece, titled “Why you should check out the Class of 2018 Facebook page,” calls out Princeton freshmen for posting questions such as –“If you had a red notebook, what subject would it be?” and “Do we have to submit our midyear grades?”
BY ADRIAN RODRIGUES STAFF REPORTER Yale defended its investment strategy and forecasted strong long-term growth rates in an annual report released by the Investments Office last week. In the 24-page document, the Investments Office repudiated criticism of the Yale Model — a style of investing that emphasizes diversification and active management of nontraditional asset classes — and said its risk-adjusted growth rate remains strong. Though Chief Investment Officer David Swensen declined to comment, outside financial experts interviewed echoed the report’s conclusions. In the report, the Yale Investments Office said its investment strategy is not for everyone, but works well for the University. “Performance over longer horizons demonstrates the strength of Yale’s investment program,” the report said. “Although the endowment produced painful losses in fiscal 2009, the results of any one-year period tell very little about the efficacy of a long-term investment SEE INVESTMENTS PAGE 6
One year in, Yale-NUS develops identity
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BY ISAAC STANLEY-BECKER STAFF REPORTER Mayor Toni Harp pitched a $510.8 million budget on Friday — asking taxpayers to chip in an additional 3.8 percent for a spending plan she said will stabilize the city’s finances while protecting core services. Harp’s proposal calls for a 2.7 percent increase in spending over last
year’s $497-million budget. Much of the increase stems from rising fixed costs, Harp said: debt service, pension liabilities, medical benefits and contractual salary increases. The budget also sets aside an additional $1.5 million for the Board of Education and $2 million for a five-year financial plan, which would also SEE HARP PAGE 6
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ith its first academic year nearing completion, Yale-NUS looks to be on stronger footing than at any time in the past. But just how much of Yale’s DNA has worked its way into the administration of the first Singaporean liberal arts college? MATTHEW LLOYD-THOMAS AND LAVINIA BORZI report.
When the Yale Corporation met on the second floor of Woodbridge Hall last week, it turned its attention to an institution on the other side of the world: Yale-NUS College. The leadership team of Yale-NUS — the liberal arts college established by Yale and the National University of Singapore — had traveled to New Haven for the weekend to update the 15 Corporation members on one of the most ambi-
tious projects to come out of former President Richard Levin’s tenure, and one that will continue to define Yale’s efforts to internationalize. “What most impressed me was [the Yale-NUS leadership’s] seriousness of purpose when it comes especially to curricular matters and their commitment to providing a new kind of educational SEE YALE-NUS PAGE 4
Faculty split on FAS Dean position
THIS DAY IN YALE HISTORY
BY MATTHEW LLOYD-THOMAS AND ADRIAN RODRIGUES STAFF REPORTERS
ONLINE y MORE goydn.com/xcampus
In the wake of last week’s announcement that the University will add a new dean position to oversee the faculty of arts and sciences, faculty members have expressed mixed opinions.
1967 The God Squad attempts
Investments Office predicts strong growth
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Culture takes the stage.
The International Students’ Association hosted what it declared to be Yale’s biggest cultural show this weekend. Ten student groups performed at “Fireworks!” including Yale Jashan Bhangra, Asemp! and Ballet Folklorico Mexicano de Yale. The event also included hundreds of dollars of free regional food.
t yesterday night’s Academy Awards, Lupit a Nyong ’o DRA ’12 won Best Supporting Actress for her role in “12 Years a Slave.” Other Yalies recognized include Robert Lopez ’97, who won Best Original Song for “Let it Go.” The win made him the 12th person in history to “EGOT,” having now won an Emmy, Grammy, Oscar and Tony in his lifetime. Meryl Streep DRA ’75 received her 18th nomination, and Thomas Newman ’77 MUS ’78 and Adam Stockhausen DRA ’99 were also recognized.
Harp pitches budget
De bt pre ser vio Sala vic usl ry e y s inc ett rea led se con s fo tra r cts Edu cat ion Me dic al b ene fits
The Broadway Merchants’ Association gave $5000 to JUNTA for Progressive Action on Friday. The donation followed a promotional event in February that raised money and drove foot traffic to shops and restaurants on Broadway.
ASSOCIATED PRESS
Changes in New Haven expenditures ($ millions)
Broadway gives back.
PAGE 10 THROUGH THE LENS
Yalies honored at Oscars
On Sunday night, Whim ‘n Rhythm — Yale’s all-senior, all-female a cappella group — selected its newest class. Current Business Manager Mary Bolt ’14 said that the number of students who auditioned this year is the highest in the group’s 34-year history.
Bouchet 1876 has long been thought to be Yale’s first African-American graduate, newly discovered documents show that Richard Henry Green 1857 may have that distinction instead. Green was a New Haven native, the son of a local boot maker. The documents were discovered by Rick Stattler when examining his family papers, set to be auctioned in April.
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This day in a capella history.
Yale’s first African-American graduate. Although Edward
ENCOUNTERS WHILE WALKING THE STREETS OF NEW
Some faculty members described the new position as providing major benefits for the University — notably, making the jobs of Yale College dean and University provost more manageable — while others characterized it as an unnecessary expansion of the administration. Many still said they had little opinion on the
matter. Most faculty members who supported the new dean position justified the addition by pointing to the plethora of responsibilities currently held by the Yale College dean. “I think that the dean of the faculty position could help relieve some of the pressure on the deans
of the college and grad school, who currently are responsible both for student life and for overseeing all faculty searches and promotions,” said French professor Maurice Samuels. Similarly, English professor David Bromwich said that the Yale College dean currently has plenty of responsibilities with-
out taking on the interests of faculty as well, echoing sentiments expressed by administrators over the past month. While Spanish professor Aníbal González-Pérez GRD ’82 said he was concerned about the current trend towards higher SEE FAS DEAN PAGE 4