Facing endowment losses more severe than anticipated, Princeton University will freeze salaries for tenured faculty members and staff members who earn more than $75,000 and slash its budget for the 2011 fiscal year by $80-million, the university’s president, Shirley M. Tilghman, announced this week.
The university had planned for a 25-percent drop in its endowment’s value by June 30, but that figure is now projected to be 30 percent, Ms. Tilghman wrote in a letter to the Princeton campus. The new measures are on top of an $88-million cut in the university’s budget for the 2010 fiscal year.
“There is no question that this overall two-year target of $170-million in savings will be difficult to achieve, as the first round of cuts eliminated the majority of things that were relatively easy to forgo,” Ms. Tilghman wrote. “The steady growth in both faculty and staff that we have enjoyed over the last 10 years will end, and the university will have to contract in size.”
Staff members making less than $75,000 and the majority of untenured faculty members will continue to receive raises, Ms. Tilghman wrote. The salary freeze for those earning more is expected to save the university $4-million.
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9 Responses to Princeton Slashes Its Budget Again and Freezes Salaries
jpminnc - October 18, 2011 at 6:37 am
There are many histories of descriptive grammar, but can anyone recommend a good history of its evil twin, prescriptive grammar (for English or other languages)? Who in the world invented this idiotic rule that English prepositions must never hang?
mufc1tb - October 18, 2011 at 7:07 am
The joy of the English language is that nobody invented any rule. Long live modernity whilst having an eye on origins.
drj50 - October 18, 2011 at 9:11 am
This is nothing new. German and classical Greek joined prepositions with verbs to make compound verbs in much the same way. A number of classical Greek prepositions did double duty as adverbs, as do some German prepositions. (I am not enough of an historian of either language to know which usage came first.)
It is not even anything new in English. My Shorter OED identifies “off” as an adverb, preposition, noun and adjective; the adverbial use goes back to Old English and many of the examples cited are from British authors. Similarly, it identifies “to” as a preposition, adverb, and conjunction, with the adverbial again going back to Old English and one example cited from Shakespeare. “Out” is a noun, adjective, adverb, and preposition, with all of these (except the noun) going back to Middle English or before.
The more things change . . .
But surely this author knows all this. What am I missing here?
enadler - October 18, 2011 at 10:03 am
For heaven’s sake. Did no one get the humor in this essay? Lighten up folks! A fun read . . . and the devil take the nouns, verbs, adverbs, and prepositions. Language has always and will always be corrupt, corrupted and corruptible.
Elsa Nadler
dank48 - October 18, 2011 at 10:34 am
Nice irony. Carl Sandburg, of all the unfashionable personae imaginable, would have appreciated it: “The English language did not get to be what it is today by being pure.”
JOI Students - October 18, 2011 at 11:37 am
Good job, author!!! We are the bad educators at home.
epearlstein - October 18, 2011 at 1:55 pm
As I recall my poor knowledge of German, there are lots of compound verbs where the two parts might be separated in a phrase or sentence. For examples, look in your German dictionary for words beginning with “auf” or “aus”.
5768 - October 18, 2011 at 4:43 pm
Headline in our (predominantly male) student newspaper this week: “Where Are The Women At?”
Guys who must be looking to hook.
alexis_v - October 20, 2011 at 11:28 pm
And all this time, I thought “off” was also a verb. As in, “Somebody offed Qaddafi today.”