Dartmouth's Daily Blog
News, commentary, criticism and praise for the College on the Hill, enlivened with history, culture and travel when we feel so moved.
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Just How Bad Is the Waste?
Dartmouth is a rich school with very poor management. In terms of endowment per student, we stand behind HYP, but ahead of everyone else in the Ivies:
Schools draw about 5% from their endowment each year in order to fund their operations. We can draw approximately $15,000k-20,000k more per student from our endowment than Penn, Brown, Columbia and Cornell:
Does any of that wealth translate into more reasonable tuition at Dartmouth than at the schools who have a smaller endowment per student than we have? Nope:
Obviously, it is less expensive, and it should be, to go to über-wealthy HYP than to Dartmouth, but why are Penn, Brown and Cornell less expensive than Dartmouth, too? We can understand that #4-ranked Columbia is expensive — a small endowment/student and a high-cost Manhattan location — but is there any rational justification for the high cost of the College?
Some folks recommend that we keep our high tuition as an indication of our élite status. To my mind, such a position shows an incomplete understand of pricing. We could certainly cut tuition (an easy step given the fantastic endowment returns over the past two years: 19.2% and 8.3%) to take the burden off of families, and then advertise that we are the best managed of the Ivies, the best value, and the best experience, too.
Do you think that the number of applicants would drop if we did so? After all, #1 Princeton costs almost 10% less to attend each year than Dartmouth, and the Tigers don’t appear to be suffering in the rankings.
August 14, 2013
Breaking: Of Crips and Bloods and Memories of Ghetto Parties
History repeats itself, first as tragedy and then as farce, or sometimes it just repeats itself. From the New York Times on November 30, 1998: At Dartmouth College, white students at a ”ghetto party” dressed…
June 25, 2013
Dean of the College Charlotte Johnson’s War on Students Part (2/2)
Part 1, Part 2 Today’s post again recounts the events that befell the Freshman. However, the content of the Hanover Police department report reproduced in this space yesterday is supplemented by information from my own…
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…
- The Dartmouth College Case
- 2007 Trustee Election
- Dartmouth Constitution
- Sunday Morning Sinatra
- The Indian Wars
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