news from Harvard
[University endowments are weird things - they accumulate, =
accumulate, to god knows exactly what end. Love the math at the end =
of this.]
http://gawker.com/news/harvard/lady-to-run-harvard-235256.php
Lady To Run Harvard!
In a shocking rejection of a centuries-old Masonic agreement, a woman =
is expected to be named president of Harvard this weekend, according =
to the Harvard Crimson. Drew Gilpin Faust will likely be the first =
woman to run Harvard, which is now surely sending shock waves through =
Harvard’s eight privately-owned men-only finals clubs, those musty =
hang-outs where the dullest and richest gather to paddle each other. =
Harvard currently has an endowment of $26 billion, second in non- =
profit endowments only to Bill and Melinda Gates’ foundation. That’s =
enough money to pay the yearly tuition for 858,794 students=97more than =
500 years of freshmen. (And, apparently, freshwomen!)