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DDS (Unwittingly) Reports Record Profits

The LinkedIn page belonging to Dave Newlove, Director of Dartmouth Dining Services, has unwittingly spilled the beans on DDS’ true profitability. As you can see highlighted in yellow below, Newlove boast of some pretty impressive results over the past three years:

● Developed and completed aggressive restructuring program of Dartmouth’s Dining Services resulting in a record setting $1.3 million in net income in the 2010/11 fiscal year. $900 thousand in fiscal year 2009/10.

● Despite the economic recession, Dartmouth’s Dining Services experienced record profit, sales and customer counts during the last three fiscal years.

Newlove.jpg

What to make of this? The answer is simple. Despite comments to the contrary, a great deal of Jim Kim’s vaunted budget reforms are coming out of the hides of students: tuition, room, parking fees, and dining costs have all been raised sharply in order to increase revenues at the College. DDS is not losing money at all. It just hasn’t been making enough to subsidize other wasteful areas of the College’s operations, like outrageously high wages and benefits for the still-bloated staff. With the most recent changes to dining plans at DDS, Dave Newlove’s LinkedIn page is sure to report even higher profits next year.

How long will students accept being lied to by various members of the Kim administration? As we have seen, the faculty’s patience has run out.

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