Ivy League

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Harvard Endowment Drops $8B in Steepest Loss Ever

Endowment's record plunge threatens school operations

(Newser) - Harvard, the world's richest university, saw its endowment plunge 22% between June and October of this year, the worst loss in its history, the Boston Globe reports. Revenue generated by the endowment, which fell by $8 billion, pays for 35% of the school's operation, and Harvard president Drew Faust expects...

Tony Blair Nervous on First Day of School

Former British prime minister debuts today as Yale prof

(Newser) - It’s the first day of school for Tony Blair, and the former prime minister confesses to having a case of nerves. “I was never a star student,” says Blair, who is embarking on a 3-year teaching gig at Yale. Blair tells the Yale Daily News he’s...

Harvard Bumps Princeton in Top Colleges List

Smaller class size helps Harvard back to top of influential US News ranking

(Newser) - Harvard has reclaimed sole possession of the top spot in the ever-controversial US News and World Report rankings for the first time in 12 years. Princeton slipped to second, with Yale in third and Stanford and MIT tied for fourth spot. The magazine rates the halls of learning based on...

Ivy Leaguers Start Ahead, Stay Ahead

Take that English degree to Wall Street and you'll still cash in

(Newser) - How much you make correlates with where you went to school, a new study finds. Bachelor’s degree holders’ salaries grow at the same rate over the first decade of their careers regardless of the school, the Wall Street Journal reports, but Ivy League graduates’ median starting salary is 32%...

'Ivy Retardation' Curse of Elites
 'Ivy Retardation' Curse of Elites
OPINION

'Ivy Retardation' Curse of Elites

Inflated self-worth, narrow view of smarts disadvantage of life at top

(Newser) - Its advantages are undeniable, but an elite education can also cause a crippling case of “Ivy retardation,” as William Deresiewicz realized while struggling, despite fluency in several languages, to make small talk with his blue-collar plumber in Boston. “The best and the brightest” develop an inflated sense...

Harvard Gets $100M From Rockefeller

Gift will fund study-abroad and arts programs

(Newser) - Harvard fund managers rejoice! The university will get to stock its coffers, already $35 billion strong, with a $100 million gift from David Rockefeller, the largest ever by an alumnus, the New York Times reports. The money will be used to expand the university's arts program and help more students...

Top Colleges Report Record Low Rates of Admission

Harvard accepts just 7% of applicants

(Newser) - Acceptance letters from the nation's top colleges will begin to arrive on prospective students' doorsteps today, but far more rejection letters are in the mail than ever before, reports the New York Times. Harvard and Yale accepted only 7.1% and 8.3% of applicants, respectively, both record lows as...

Stanford Closes Book on Cornell
Stanford Closes
Book on Cornell
March Madness

Stanford Closes Book on Cornell

No. 3 proves greater than No. 14, if only in sports

(Newser) - Cornell entered today’s game against Stanford with a 16-game winning streak, and watching the first 10 minutes or so of the game would have led some to believe they could pull off No. 17, and a huge upset in the process. Then the Stanford Cardinal came alive, going on...

Ivy Aid May Hit 2nd-Tier Schools
Ivy Aid May Hit 2nd-Tier Schools

Ivy Aid May Hit 2nd-Tier Schools

Big scholarships could siphon top students who couldn't afford Harvard

(Newser) - It’s easy to applaud the generosity the Ivy League is lavishing on the middle class, but it could have unintended consequences, Newsweek notes. Second-tier schools and elite public universities rely on the highly talented middle-class kids Harvard and company are targeting. “Schools compete hard for those students,”...

Are Black Immigrants Black?
Are Black Immigrants Black?
OPINION

Are Black Immigrants Black?

Debra Dickerson on the divide between 'native' and 'immigrant' blacks

(Newser) - The notion that a black American must be a “descendant of West African slaves brought here to labor for whites against their will” just reinforces the “invisibility that black immigrants face in America,” Debra Dickerson writes in Mother Jones. But she can’t escape it herself, she...

Harvard Hoops Recruiting Questioned

Some say school has lowered its standards, skirted NCAA rules

(Newser) - Harvard may have done some un-Ivy League like things to upgrade its basketball program, reports the New York Times. Harvard, which hasn't played in the NCAA Tournament since 1946, is coming under fire for its recruiting tactics. “We don’t know how all this is going to come out,...

Yale Ups Endowment Spending
Yale Ups Endowment Spending

Yale Ups Endowment Spending

Rich schools slammed for sitting on wealth

(Newser) - Yale will significantly increase spending from its $22.5 billion endowment next year—providing more financial aid and launching new research. The university will draw $1.15 billion from its endowment compared with $843 million last year. The decision comes after Yale and other top universities were criticized for sitting...

Harvard Offers Middle-Class Parents Help*
Harvard Offers Middle-Class Parents Help*
OPINION

Harvard Offers Middle-Class Parents Help*

*And pre-empts legislation far costlier for superrich schools

(Newser) - Generosity isn't what's fueling Harvard’s new $22 million giveaway to the middle class—it’s greed, educational consultant Steven Roy Goodman writes in the Boston Globe. Harvard’s giving the extra financial aid as a PR move, hoping to squash brewing legislation that would force universities to spend 5%...

UK Students Choosing Ivies Over Oxbridge

Financial aid, academic freedom lure record number of Brits

(Newser) - A record number of British students are forsaking Oxford and Cambridge to apply to elite American schools, the Times of London reports. Lured by more generous financial aid packages and less restrictive curricula, students are crossing the pond to the Ivy League. Yale's applications from Britain, for one, have tripled...

In Higher Education, the Rich Get Richer

Funding gap widens breach between Ivies, public schools

(Newser) - As Ivy League schools upgrade dorms, financial aid, and student-faculty ratios, America’s public universities are losing out, BusinessWeek reports. The "Ivy Plus" schools, which include Stanford and MIT, represent 1% of the US student population but are the richest by far. "We can add resources in almost...

Getting into Harvard not as Easy as P-R-E-P

Elite colleges taking more students from abroad, public schools

(Newser) - Ivy-League-seeking parents beware: admissions officers at top schools around the country are looking for more than just the private-school preppie. While private and prep schools still lead the way, a growing percentage of students at elite universities are public school grads and international scholars, the Wall Street Journal reveals. At...

Ivy League Logjam Trickles Down
Ivy League Logjam
Trickles Down

Ivy League Logjam Trickles Down

Applications—and rejections—up at second-tier colleges

(Newser) - Top-tier colleges are getting more applicants than ever, the Times reports, allowing a new class of schools to court—and reject—the overachievers increasingly turned away from the Ivy League. Universities like Bucknell, Colgate and Lehigh are tightening standards as students with top SATs and grades seek higher learning lower...

Valedictorians Halted At Ivy Gates
Valedictorians Halted At
Ivy Gates

Valedictorians Halted At Ivy Gates

Rejections hit 90% at most prestigious schools

(Newser) -  With competition at top colleges more ferocious than ever, most Ivy League schools accepted under 10% of applicants for the first time, the Times reports. Tony schools like Harvard, Yale, Columbia, and Princeton turned away valedictorians and students with perfect SAT scores and GPAs, much to the shock of...

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