Tag: university

Behind the Campaign to Take Down Harvard’s Claudine Gay
World

Behind the Campaign to Take Down Harvard’s Claudine Gay

From the time she began carving her path through the most elite private schools in the nation to the presidency of Harvard University, Claudine Gay earned plaudits and promotions. She also amassed detractors who were skeptical of her work and qualifications and outraged by what they saw as the political decisions she made as an increasingly powerful administrator. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
University of Wisconsin-La Crosse Chancellor Fired After Discovery of Porn Videos
World

University of Wisconsin-La Crosse Chancellor Fired After Discovery of Porn Videos

Updated Dec. 28, 2023 3:25 pm ETThe University of Wisconsin System Board of Regents fired a university chancellor who appeared in pornographic videos with his wife. The university system’s board of regents voted unanimously to terminate University of Wisconsin-La Crosse Chancellor Joe Gow during a closed session Wednesday evening. UW-La Crosse Provost Betsy Morgan will serve as interim chancellor following Gow’s dismissal, university system leaders said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Art of Asking Your Parents for Money
Money

The Art of Asking Your Parents for Money

Listen to article(1 minute)WSJ’s Personal Finance team presents a series on how to fix your financial life in 2024. Up now: asking for money Hitting your parents up for cash as an adult can be awkward. But sometimes the best money move is to ask for help.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The DEI Rollback of 2023
Business

The DEI Rollback of 2023

The diversity, equity and inclusion (DEI) bureaucracy on campus has proliferated in recent years, but there are signs it’s finally meeting resistance. The latest good news is from Wisconsin, where public universities will pare back some DEI programs and freeze them going forward. Under a deal shaped by Wisconsin Assembly Speaker Robin Vos, the state approved $800 million in pay raises for university staff and for plans to build a new engineering building at the University of Wisconsin campus in Madison. In exchange, the university will freeze all DEI hiring, eliminate a third of DEI positions on campus, and create an endowed chair to teach “conservative political thought, classical economic theory or classical liberalism” at UW Madison. At least now there will be one conservative.Copyrigh...
American Schools and Foreign Money
World

American Schools and Foreign Money

Updated Dec. 26, 2023 6:45 pm ETCongress is debating how to address the intellectual corruption of America’s elite universities, and one idea is to require that academic institutions disclose funding from U.S. adversaries. The House this month passed the Deterrent Act, 246-170, to shine a light on the billions of dollars that flow from foreign entities to U.S. colleges and universities. Some donations are well-intentioned, but China’s Communist Party and others have used money as a lever to push propaganda, filch research, and censor free exchange. Often the terms of these cash infusions are confidential.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
As Pressure on Harvard President Increases, University Board Feels the Squeeze
World

As Pressure on Harvard President Increases, University Board Feels the Squeeze

Dec. 24, 2023 10:32 pm ETIn the wake of calls for the resignation of Harvard President Claudine Gay, a growing number of faculty members are turning their focus to the other 11 members of the powerful governing board that runs the school.Some faculty are calling for members of the Harvard Corporation, the university’s board, to resign or apologize and one professor has even floated to the governor of Massachusetts a new governance structure for the school that would give lawmakers the chance to appoint a board member to represent the public interest.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Harvard Should Pay Its Fair Share
Business

Harvard Should Pay Its Fair Share

What can we do about the corruption of American higher education? Milton Friedman had an idea 20 years ago: Tax the schools rather than subsidize them. That reflected a change of heart. In “Capitalism and Freedom” (1960), he argued that college education had enough “positive externalities” to justify subsidies. But when I was researching a book in 2003, I emailed him (then 91) and asked if he still believed that.He replied: “I have not changed my view that higher education has some positive externality, but I have become much more aware that it also has negative externalities. I am much more dubious than I was . . . that there is any justification at all for government subsidy of higher education. The spread of PC”—political correctness—“would seem to be a very strong negative externality...
Congress’s College Financial Aid Fiasco
Business

Congress’s College Financial Aid Fiasco

Next to paying tuition bills, parents of college-age students dread few things more than completing the Free Application for Federal Student Aid, aka FAFSA. So it would seem to be good news that the Education Department this month is rolling out a new and supposedly simpler form. But government makes nothing free or simple.Members of Congress from both parties have long complained that the FAFSA is unduly complicated and makes college less accessible. The feds use the form to determine student eligibility for Pell grants and federal loans. Many colleges use it to determine how much institutional aid to award students.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
A generous new rule for leftover 529 money: Roll it into a Roth for your child
Money

A generous new rule for leftover 529 money: Roll it into a Roth for your child

I was on the phone with one of my girlfriends — the best way to find out about financial stuff, honestly — and she told me that there was a new rule that would allow parents to rollover unused funds from a 529 college savings plan into a Roth IRA for their child.I was like: No. Way. It didn’t seem possible. First, as many college-savings sufferers know, there are restrictions on withdrawing the money you deposit into 529 plans. Generally, you have to use 529 savings for qualified education-related expenses, or you get hit with taxes and a penalty. True: there are ways to transfer 529 money to another member of your family without being taxed or penalized. Still, the idea that you might be able to rollover unused 529 funds into a Roth IRA seemed unusually generous and forward thinki...