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yale university

the endowment bubble

Holy Smokes! Yale's Endowment Now $22.5 Billion

A gain of $4.5 billion dollars in just the last fiscal year (which ended in June) puts the New Haven-based Ivy League university called Yale tops in growth among schools with endowments over one billion bucks. In 1985, the school's endowment was a mere $1.3 billion. How do they do it? Probably really risky investments in private equity firms and hedge funds! Enjoy it while you can. With this growth, Yale would pay more into the $2 billion operating budget than its current rate of 5.25% of the endowment, but it limits the funds paid out to the school to "withstand lean years." Lean years which will surely never, ever arrive.... or have already!

ivy league

What Are The Gut Classes At Yale?

A junior at Yale named "Nick," who lives in the Residential College Timothy Dwight, sent around an email this week to a bunch of Yalies with some course descriptions. It's a helpful guide to anyone looking to coast his or her way through that fine school in New Haven; it's also useful simply as a reminder of How the World Works (connections, and gaming the system). Also worth noting: Even if you're going to be an investment banker, taking Macroeconomics is never a good idea. The full email—extremely long, extremely worth it—follows. More »

hot angry modernists

Yale Prof Defends Baldwin Temptress, Decency, Ownership

From Yale English professor Bill Deresiewicz, teacher of the students who wrote about their encounters with Alec Baldwin:
Okay, I've seen your new post about this. You might have done the classy thing, or at least the adult thing (speaking of adults), and managed to print my statement without having to make snide remarks about me—one that confuses decency with paternalism, another that repeats an old insult levelled by one or two out of the many hundreds of students I've taught, many of whom will tell you that I'm one of the favorite professors they've ever had—but I suppose that if you started doing the classy thing, or even the adult thing, you'd have to take down the entire site. Or even the legal thing, come to think of it: I also notice that you still haven't said anything about how the original post violates the copyright of the two student-authors in question.
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campus scandals

Yale Prof: Alec Baldwin Did Not Seduce "Audrey"

Last night we heard from Yale Associate Professor of English Bill Deresiewicz (affectionately known in these parts as "Cockmaster D"), who was upset that we'd posted two assignments from his class on "Reportage" the other day. (Assignment: "Report on a person or event in such a way as to include your presence as a narrator.") His students wrote about Alec Baldwin's visit to the Yale campus, and Baldwin's flirtation with a girl who was named "Audrey." More »

sexual predators

Alec Baldwin's Trip To Yale

Alec Baldwin doesn't spend all his time on the phone in New York City, it turns out. Last week, he visited Yale to give a "master's tea" but also took some time to get acquainted with his surroundings. Fortunately, two of the university's creative writing students encountered Mr. Baldwin while he was there—and they recorded their impressions. More »

yale university

Yale's Response To The Virginia Tech Shootings

Yale students feeling vulnerable in the wake of last week's shootings at Virginia Tech should take solace in the knowledge that their dean of student affairs is looking after them: she's banned weapons from stage productions, including one set in the Middle Ages that used metal swords and daggers:
The dean told [director Sarah] Holdren that she needed to look out for a whole campus of potentially vulnerable undergraduates — a response that Holdren said "made it sound as if I was trying to traumatize people."
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remainders

Remainders: Unnecessary Hipster Transformation


  • This guy wants to be "made" into a hipster. [Imaginary Socialite]
  • Yale flag-burners include member of Skull & Bones. [IvyGate]
  • New Yorkers are blas about Health Dept. inspections. [Diner's Journal]
  • Kid arrested at NYC Car Show for mocking Toyota. [It's Getting Hot In Here]
  • In for 2007: gimps. [Radar]
  • More »

    yale university

    Yale's Most Beautiful People Not So Beautiful

    Those naughty IvyGate lads took it upon themselves to do a little additional research into the Yale tabloid Rumpus's annual Most Beautiful People issue, and guess what they discovered? Not everyone is quite as lovely as they come off in the magazine. In fact, not in the damn slightest. Imagine that. Our favoritest example after the jump. More »

    remainders

    Remainders: Ice Ice Baby

  • Vanilla Ice parties at Stereo like it's 1990. [TMZ]
  • The Times writes an Editor's Note about the whole WFMU/Metropolitan Diary kerfuffle. [NYT]
  • The guerrilla marketer behind the Aqua Teen Hunger Force campaign says, "The signs were never designed to scare people, to get people into a panic state." [Brandweek]
  • Yale students do it in the shower, Brown students do it in the kitchen sink. [IvyGate]
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    remainders

    Remainders: Tom Cruise Is Our Personal Savior

  • Yale students, heretofore woefully underrepresented in high-profile jobs, are finally making their presence known in the comedy world. Thank fucking God. [Comedy Central]
  • Tom Cruise and Ben Stiller might be bringing The Hardy Boys to the big screen for them to star in. There's something not-so-fresh about this idea, we think. [TMZ]
  • And in other Tom Cruise news, here's all of the Tom Cruise-as-Jesus paraphernalia you could ever possibly want. [Cafe Press]
  • Secrets of the seating assignments at the Waverly Inn, revealed. [NYP]
  • More »

    remainders

    Remainders: Alternaparenting Just Isn't Our Style

  • She may be pretty, but Jessica Joffe is too boring for even Socialite Rank. [Socialite Rank]
  • Neal Pollack dives headfirst into the pooey debate over his hip-parenting tome Alternadad, and shakes a great big rattle at his detractors. [Babble]
  • Yale students need to be reminded that showers are for showering, not for making sweet love while your dormmates wait outside in their towels and flip-flops. [IvyGate]
  • Why Britney and Reese Witherspoon should become BFFs. [GoFugYourself]
  • More »