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"What’s the big deal? I always require 200 M&Ms with the blue ones picked out and 7 bottles of Evian with the caps loosened. Seems like pretty much the same thing."
— PLW
Professor Who Flew to Deliver Guest Lecture Bills Stanford for Carbon Offset of Travel
McCain and Obama Will Debate on 3 University Campuses
The yet-to-be-named vice-presidential candidates also will debate on a college campus this fall.
New Universities in India to Offer More Academic Freedom and Less Red Tape
Among other radical changes, the institutions will limit their enrollments, teach a wide variety of subjects, and seek private-sector support.
Disabled Students Remain Eligible for Federally Subsidized Housing
Regulations issued today aim to ensure that a former attempt to prevent abuses of federal housing subsidies does not deny them to disabled students.
Leaked Contract Helps Sallie Mae and USA Funds in Court
A federal judge, peeved by the leak, threw out a lawsuit accusing the two companies and a collections business of defrauding taxpayers and student-loan borrowers.
Professor Who Flew to Deliver Guest Lecture Bills Stanford for Carbon Offset of Travel
A computer-science professor argues that colleges should routinely pay for the environmental impact of travel costs.
New Mexico State U. Threatens to Revoke Fired Professors' Degrees | 69
Drinking-Age Campaign Binges on Big Names, Big Media | 62
All U. of Iowa Professors Told to Undergo Training to Avoid Sexual Harassment | 50
Withhold 'Judgement' on Students When a Word is 'Misspelt' | 50
U. of San Diego Backtracks on Appointing Feminist Catholic Theologian | 49
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April 19, 2007
Despite Investment Fiasco, Board Extends President's Contract
Jairy C. Hunter Jr., whose 23 years as president of Charleston Southern University were punctuated this spring by the revelation that $10.6-million of the college’s modest endowment had disappeared in a swindle allegedly run by a star economics professor, has been rewarded with a contract extension by his Board of Trustees, The Post and Courier, a newspaper in Charleston, S.C., reported this morning.
The university, which now faces a lawsuit from other investors who say they were ripped off, asserts that it diligently checked out the investment qualitification of the professor, Albert E. Parish Jr., before entrusting him with the university’s money.
Mr. Parish, who has been jailed as a flight risk, faces federal charges of investment fraud in a scandal that may have erased $520-million in investments. In addition to unanimously approving the contract extension, the university’s board created a committee to review its investment policies. —Andrew Mytelka
Posted on Thursday April 19, 2007 | Permalink |
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