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.
This is an archived post. Please click here to see the latest entries.
Endowment: Great, Bad, Good
The evolution of a school’s endowment is a combination of three elements: investment returns achieved by the endowment office, financial giving by the alumni, and funds drawn out of the endowment by the administration for ongoing operations.
Look at how well the Freedman administration did versus the other Ivy schools in adding to the College’s financial resources. In the 1990-2000 period we were the top performer in the Ivies in terms of endowment growth:
However, as we have documented, when the reins were passed to the lamentable Jim Wright, the spending floodgates were opened, and we are still suffering today from his profligacy. As a result, during the 2000-2010 period Dartmouth went from first to worst:
And how have things unfurled since 2010? A little better than middling: we are in the top half of the Ancient Eight. Penn leads. We are behind Yale, and just ahead of Princeton. And the four of us handily beat the remaining schools:
Of course, the first glimmerings of fiscal discipline merit few applause. To use Reagan Budget Director David Stockman’s memorable phrase, the College remains a sinkhole of waste.
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
Subscribe by Email
This website reflects the personal opinions of its authors. Any e-mails received may be published along with the full name of the sender. If you wish otherwise, please say so.
All content appearing at Dartblog.com should be presumed copyright 2004-2018 its respective bylined author unless otherwise noted or unless linked to original source.