Editor’s note: This article was initially published in The Daily Gazette, Swarthmore’s online, daily newspaper founded in Fall 1996. As of Fall 2018, the DG has merged with The Phoenix. See the about page to read more about the DG. We regret
On April 12th, Yale’s Chief Investment Officer David Swensen announced the school’s decision to partially divest its endowment from fossil fuels. Swensen cited not ethical reasons, but financial prudence, as the top motivator behind the decision. Yale’s divestment came after Swensen asked
Since Feb. 1st, the administration has been holding meetings about the financial component of the college’s operations. On Jan. 18th, Vice President for Finance and Administration Greg Brown sent an email to all faculty, students, and staff announcing a series of information
Editor’s note: This article was initially published in The Daily Gazette, Swarthmore’s online, daily newspaper founded in Fall 1996. As of Fall 2018, the DG has merged with The Phoenix. See the about page to read more about the DG. As the
Following two days of meetings and deliberations, the Board of Managers announced that they have reached consensus against divestment from fossil fuels, according to an email sent by Chair of the Board, Gil Kemp, just after 4:00 this afternoon. Kemp cited the
Editor’s note: This article was initially published in The Daily Gazette, Swarthmore’s online, daily newspaper founded in Fall 1996. As of Fall 2018, the DG has merged with The Phoenix. See the about page to read more about the DG. On March
In light of recent articles by the New York Times regarding Swarthmore’s unwillingness to divest from fossil fuels and its limited commitment to the promotion of socioeconomic diversity, the college’s endowment has been under increasing scrutiny from both internal and external critics.
Hold on, why is our campus now a construction site? Anyone who has read the master plan, knows that the current construction projects aren’t the end of planned construction. They’re just the beginning: renovations are planned for Martin, Beardsley, McCabe, Sharples, the athletic
In Swarthmore College’s response (Suzanne Welsh, The Phoenix, March 27, 2014) to my op-ed concerning endowment spending (Peter Collings, The Phoenix, March 20, 2014), the College admits to an intentional endowment spending policy “lower than many other institutions.” The response then goes
To the editor, As an alum and an independent school finance officer, I read with great interest Peter Collings’ two op-ed pieces and Suzanne Welsh’s response on Swarthmore’s endowment spending. They have raised interesting questions about the meaning of intergenerational “equity,” but