Rapid Growth in College Endowments Exacerbates Concerns About Wealth
Allan T. Demaree, a retired executive editor of Fortune magazine, gladly makes donations to Princeton University, his alma mater, even though he knows it has become one of the wealthiest educational institutions in the world. His son, who also went to Princeton, points to its endowment of $15.8 billion, and will not give it a penny.
Move From Coal to Gas Raises Risk of Price Increase
Stymied in their plans to build new coal-burning power plants, American utilities are turning to natural gas to meet expected growth in demand, risking a new spiral in the price of that fuel.
Risky Investing May Be Addictive, Similar To Drug Use and Sex
It is easy to dismiss Jerome Kerviel, the rogue trader at Societe Generale, as a fluke — the perfect storm in a pinstripe suit.
AgeLab Designs Products For Baby Boomers
Joseph F. Coughlin founded AgeLab to unravel a paradox: Humanity in the last century achieved the dream of much longer life, but didn’t plan for the effects on work, health and daily living.
Hunger Strike Ignites Discussions of Racism at MIT
In 2007, MIT garnered attention in an unexpected light — through allegations of racism in its tenure process. An African American associate professor in the Biological Engineering Department charged that racism influenced his tenure denial, prompting his hunger strike, the resignation of an executive director, the withdrawal of an alumnus, and the initiation of an Institute-wide study on underrepresented minority issues.
As Laptop Begins Production, OLPC Faces Competition
The One Laptop Per Child foundation had a momentous year in 2007 as it prepared for beginning production of its long-awaited XO laptop in November. The nonprofit also faced new challenges from for-profit competition: OLPC formed an uneasy relationship with Intel, who announced a competing low-price laptop. In early January 2008, however, the relationship dissolved.
The Institute in National, Local News
When MIT made national and local headlines in 2007, it was largely because of one of many controversies, scandals, and bizarre incidents that may have put a dent in MIT’s reputation. The year saw clashes with the administration and lawsuits, a professor on a hunger strike alleging racism had affected his tenure denial, an admissions dean resigning because she had lied on her resume many years ago, a sodium explosion in the Charles River with MIT widely considered the cause, a sophomore arrested for wearing a harmless LED device to Logan Airport, and a lawsuit filed against the Stata Center’s architect.
From the Editor
As spring semester begins and we return to the daily grind of life at MIT, take this opportunity to look back on the previous year. The Tech provides this special <i>Year in Review</i> issue to highlight some of the major news events of 2007 and share a selection of campus viewpoints. In these pages, you can also rediscover the best of the year’s movies and music and learn more about our community’s excellent student-athletes.
Viewpoints on Sherley’s Hunger Strike, Racism at MIT
<i>The Tech’s</i><b><i> </i></b>opinion section received numerous letters and columns about James L. Sherley’s hunger strike and the larger issues it raised. Presented here are a few excerpts.
Timeline
Feb. 6: At the Cambridge Planning Board’s annual town gown meeting, MIT reveals plans to construct the long-awaited Media Lab expansion; a Sloan School of Management expansion; a new cancer research facility at the corner of Main St. and Ames St.; and a new graduate dormitory, NW35, to be called Ashdown House.
New Deans, Administrators Appointed
Three new deans were appointed as heads of MIT Schools, and a new graduate student dean was appointed, marking a large change in leadership.
Successful Year for Fraternity, Sorority Recruitment
Both fraternities and sororities saw increases in their bids this year, following some changes in rush.
A Protracted Divestment from Sudan
After many student protests, MIT finally announced its intention to divest from Sudan in May 2007. The decision came from the MIT Corporation’s Executive Committee, which heard recommendations from an advisory committe in April.
Housing Sees Ashdown, Next House Changes in 2007
As construction on new graduate dormitory NW35 continued throughout the year, MIT Housing decided on the fate of Building W1, opened a new cultural house, and extended Residence Exploration to freshmen placed in Next House.
Education Sees Course Changes, Classes for Freshman Experience
Education at MIT in 2007 saw a number of changes: two undergraduate courses revamped their curricula; opportunities for freshmen expanded with the addition of project-based engineering and foundational Humanities, Arts, and Social Sciences classes; and two degree programs neared acceptance by MIT.
Recording Industry Sends Demand Letters
The Recording Industry Association of America tried a new legal tactic in the past year: the association sent 63 letters to MIT in 2007 and 19 more in January 2008, asking for money and threatening to file copyright infringement lawsuits against MIT community members.
Student Influence Seen in Two Dining Decisions
In the MIT administration’s eyes, eating together builds community, and dormitory dining halls and mandatory meal plans are the best way to get at the kind of community the Institute wants. This analysis explains why when Ashdown House is renovated into the W1 undergraduate dormitory, its kitchens will be replaced with a dining hall.