T H E O L D E ST C O L L E G E DA I LY · FO U N D E D 1 8 7 8
NEW HAVEN, CONNECTICUT · THURSDAY, FEBRUARY 6, 2014 · VOL. CXXXVI, NO. 81 · yaledailynews.com
INSIDE THE NEWS MORNING EVENING
SUNNY COLD
26 9
CROSS CAMPUS
CITYSEED
UNION STATION
NELC
MARKET GOES INSIDE FOR WINTER
NHPD investigates outbreak of crime near train station
AFTER SCANDAL, PROGRAM STILL RECOVERING
PAGE 5 CITY
PAGE 3 CITY
PAGE 3 NEWS
Diplo to headline spring fling CHANCE THE RAPPER AND BETTY WHO TO OPEN
Your move, Linda Lorimer.
Princeton cancelled all classes Wednesday due to snow. A smoggy day in Cambridge.
Harvard senior Joshua Lipson recently took to the Opinion section of the Crimson to encourage his peers to try their hands at marijuana. “We might do well to experience the graces of a plant thought widely to combat stress, increase empathy, and spur creativity,” he writes. Lipson even calls out current Yale lecturer David Brooks on his “pig-headed claims,” arguing instead that “marijuana alone will neither make you crazy, nor lazy, nor dumb.”
Race to the bottom. A site called Rehabs compiled data on per capita arrests related to drugs and alcohol between 2009 and 2011 and broke down the numbers for all eight Ivy League schools. Dartmouth “sits comfortably in first position” the piece revealed, leading 12.53 alcohol-related arrests per 1000 students. Four schools — Brown, Harvard, Columbia and the University of Pennsylvania — showed 0 arrests per 1000 students. Yale came in second with 2.27 drug arrests per 1000 students. DIY (Drink It Yourself)! Zinc
recently released a video on Youtube featuring bartender Steve as he details instructions for their new winter cocktail. “Don’t feel like going out in the snow? Learn how to make one of our winter cocktails right from home!” the ad read.
HBBCD. West Wing Weekly
held a Big Block of Cheesecake day last night in honor of the Obama White House’s recent Big Block of Cheese Day. The event refers to a West Wing tradition where the White House opened up to eccentric special interest groups, such as the “Cartographers for Social Equality.”
What’s so special about a naked party? Columbia has
recently received attention for a strange incident in which a group of women stripped in its Butler Library to shoot a feminist video for the magazine Purple. The video showed the five young women take off their clothes and cover each other in egg yolk, chocolate syrup and milk, then make out with each other. The theme of the video, titled “Initiation”, was Ivy League Secret Societies.
Conflict of interest? In
another bizarre twist of local politics, the recently underfire New Haven schools chief Garth Harries conducted a self-evaluation. Not surprisingly, he scored himself very highly. Over the course of the evaluation, Harries characterized himself as “strong” and “exemplary.”
THIS DAY IN YALE HISTORY
1950 The Camera Club sponsors a photography contest for all undergraduates. Submit tips to Cross Campus
crosscampus@yaledailynews.com
ONLINE y MORE goydn.com/xcampus
ONLINE ED Nursing school leading in online ventures PAGE 5 NEWS
Yale’s top earners evaluated BY ADRIAN RODRIGUES STAFF REPORTER
during a deliberation process that lasted from September to December. After the committee’s booking agent confirmed the asking prices of the potential artists, students received a survey of roughly
The University’s highest paid employees deserve their salaries and more, according to financial experts and Yale faculty. A recent, controversial article in Bloomberg argued the opposite, claiming that many selective universities overpay their endowment managers. During the most recent reported year, 2011-’12, Chief Investment Officer David Swensen GRD ’80 and his second-in-command, Dean Takahashi ’80 SOM ’83 were the two highest paid employees at Yale, making a total sum of $2.9 million and $2.1 million respectively. Former University President Richard Levin came in third, with over $1.6 million in salary and benefits. Still, faculty members and financial experts interviewed said the benefits these investment officers bring to the University far outweigh their levels of compensation. “I would give them my money to manage,” said Andrew Lo ’80, a finance professor at the Massachusetts Institute of Technology. “I actually think Yale should thank its lucky stars that it has David Swensen and Takahashi.” Though Yale’s investment managers are paid more than University President Peter Salovey, the ratio of compensation is justified, said School of Management professor Andrew
SEE SPRING FLING PAGE 6
SEE COMPENSATION PAGE 6
FLORIAN KOENIGSBERGER/CONTRIBUTING PHOTOGRAPHER
Announced at Toad’s Place at midnight, Chance the Rapper and Betty Who will open for Diplo at this year’s Spring Fling. BY PHOEBE KIMMELMAN AND LARRY MILSTEIN STAFF REPORTERS Diplo will headline this year’s Spring Fling, with Chance the Rapper and Betty Who completing the lineup for the April 26 event.
The names of the performers were released at Toad’s Place last night at midnight via a student-produced video to a crowd of roughly 100 students. The Yale College Council Spring Fling Committee — comprising of 30 members — selected the performers
Yale criticizes college rating system BY MATTHEW LLOYD-THOMAS STAFF REPORTER Along with thousands of other colleges and universities, Yale continues to express major concerns over President Obama’s proposed college rating system. In a letter last week, over 20 associations of higher education
institutions strongly criticized the rating system, which is a central plank of Obama’s higher education agenda. The letter comes only three weeks after over 100 college and university presidents pledged, at a White House summit, to work with the Obama Administration to expand access to higher education for low-
SOM breaks into top 10 BY LAVINIA BORZI STAFF REPORTER For the first time in seven years, the Yale School of Management has entered the top 10 in the Financial Times’ MBA rankings. SOM was ranked 10th in the FT’s 2014 list of the best business schools in the world, released last week. This year, SOM overcame well-known American business schools such as Berkeley, Kellog and Tuck, and international institutions like the HEC School of Management in France and IE Business School in Spain. Over the past five years, SOM has ranged from 14th to 20th in the rankings. Though SOM students interviewed all said they thought the school’s brand-new campus was a large factor in SOM’s rise in the rankings, SOM administrators said Evans Hall did not play a direct role in this year’s rankings. Still, alumni, faculty and students interviewed said they were glad their school’s unique character and mission is gaining recognition, both in business school rankings and in the general business world. The FT’s list is one of several rankings published each year. Though each system uses a different set of criteria, the FT
income students. Although Yale did not help draft the letter, the University is a member of eight of the associations that wrote the letter and shares many of the authors’ concerns about the ratings system, according to Yale’s Associate Vice President for Federal Relations Richard Jacob. Obama first introduced the
idea of rating colleges on value and performance last August. Under the plan, which seeks to develop the ratings by the 2015 academic year, federal aid to colleges and universities would eventually be tied to these ratings. The rating system, if implemented, would help determine the allocation of about $150 bil-
BY ISAAC STANLEY-BECKER STAFF REPORTER
SOM Dean Edward Snyder attributed SOM’s rapid rise in the rankings to the school’s global strategy. “It’s simple,” he said. “We are becoming the most global business school in the U.S.” Snyder said SOM’s partnership with business schools around the world has made the school a pioneer in the global business field. This partnership has enabled SOM to institute initiatives such as week-long exchange programs between the SEE SOM PAGE 4
SEE HARP AGENDA PAGE 6
We are becoming the most global business school in the U.S. EDWARD SNYDER Dean, Yale School of Management
SEE AAU PAGE 4
Harp outlines agenda In his State of the State address Thursday, Connecticut Gov. Dannel Malloy will unveil an agenda that squares with New Haven’s legislative priorities, Mayor Toni Harp said Wednesday. Specifically, Harp said, the city will be the beneficiary of a proposed uptick in Payment in Lieu of Taxes (PILOT) funding, which reimburses Connecticut municipalities for tax-exempt properties. Malloy will propose an $8 million statewide increase in reimbursements for lost property taxes from colleges and hospitals, according to State Senate Majority Leader Martin Looney. “The governor is opening the discussion on PILOT by proposing an $8 million increase for the college and hospital fund,” Looney said. “There’s also payments in lieu of state property taxes. I expect we’ll have a discussion about both programs during the session to come.” David Bednarz, a spokesman for the governor’s office, declined to comment in advance of Thursday’s remarks on the governor’s position on PILOT. If such a proposal wins approval in the General Assem-
measures two broad categories: current data about the school and data about how well graduates who left the school three years ago are doing in their jobs. Assessments in the second category are based on graduates’ pre-MBA and post-MBA salaries, seniority and company size.
lion in federal student financial aid each year, according to a December release from the Department of Education. “[Yale does] favor disclosure of information about access, affordability and outcomes of education that would help pro-
HENRY EHRENBERG/PHOTOGRAPHY EDITOR
New Haven Mayor Toni Harp is requesting a $5 million increase in Payment in Lieu of Taxes (PILOT) funding from the state.