Dartblog
Est. 2004
Special Feature: Give a Rouse
Whither the College on the Hill? Dartblog brings you news and commentary from Hanover and the world at large, including deep coverage of the maturing tenure of Dr. Kim.
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Dartmouth in Debt
Last week, prior to issuing approximately $400 million in bonds, Dartmouth’s credit rating was lowered from AAA to AA status by the Standard and Poor Index. The adjustment in rating comes as the college is operating via deficit spending and continuing to accumulate debt.
The Dartmouth reported last week that:
Because of the downgrade, Dartmouth will incur “a very modest cost” — interest rates will increase between one and two-tenths of one percent on the new bonds, [Executive Vice President for Finance and Administration Adam] Keller said…
Reader Joe Asch ‘79 comments
That “modest cost” of 0.1-0.2% means that the College will pay out about $400,000-$800,000/year of extra interest on the $400,000,000 loan - in other words, the annual cost of 3-6 full professors! NOT MODEST!
Featured posts
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October 18, 2009
When Love Beckoned in 52nd Street
We were at San Francisco’s BIX last evening, enjoying prosecco, cheese, and a bit of music. A full year of inhabitation in Northern California has unraveled to me no decent venue for proper lounging, but… -
October 9, 2009
D Afraid of a Little Competish
So our colleague and Dartblog writer Joe Asch informed me that the D has rejected our cunning advertising campaign. Uh-oh. The Dartmouth is widely known as a breeding ground for instant New York Times successes,… -
September 4, 2009
How Regents Should Reign
As Dartmouth alumni proceed through the legal hoops necessary to defuse a Board-packing plan—which put in unhappy desuetude an historic 1891 Agreement between alumni and the College guaranteeing a half-democratically-elected Board of Trustees—it strikes one… -
August 29, 2009
Election Reform Study Committee
If you are an alum of the College on the Hill, you may have received a number of e-mails of late beseeching your input for a new arm of the College’s Alumni Control Apparatus called… -
August 23, 2009
Fare Thee Well, Tom Crady
And now Dean Tom Crady has precipitously announced his departure from the College after only 20 months on the job. How to read this? By way of background, prior to coming to Dartmouth, Crady had… -
May 31, 2009
Kangaroo Court, Indeed
In an interview with The Dartmouth, alumni-elected trustee T.J. Rodgers ‘70 explained his reasons for declining to participate in future evaluations of trustees up for “re-election,” namely the “kangaroo court” nature of such discussion in…