The Obama administration has weighed in on behalf of the University of Texas’s use of racial and ethnic preferences in its undergraduate admissions, filing an amicus brief in the U.S. Court of Appeals for the Fifth Circuit, as reported here. This is unfortunate if not surprising, but the scope of the brief is noteworthy in […]
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Yale University has been scrambling to cut its expenditures by $350 million a year in order to deal with a 25 percent decline in the value of its endowment after the recent collapse of the financial markets: from a 2008 high of nearly $23 billion to less than $17 billion currently. Budget-cutting measures at Yale […]
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