A recent article from The Nation claims that university endowments are being heavily invested in hedge funds. This “intersection between higher education and high finance” means that university money is torn between paying hedge fund managers and being spent on actual education resources. This criticism was first brought up regarding Harvard investing 15% of its $38 billion endowment in hedge funds. In reality, public universities are looking to hedge funds as well now that state aid is decreasing. Hedge funds utilize high risk methods for large returns, and often operate in convoluted overseas structures to avoid taxes. Investing endowments in risky hedge funds rather than investing Continue reading Are Universities Turning into Hedge Funds?
Registration and advising appointments for second semester are on the docket here at Puget Sound. In fact, I just signed up for one myself. I expect to discuss what classes I want to take next semester and how they fit into my overall academic plan. We will probably touch on my intended major and make sure I’m still on track to achieve it. In discussing my academic plan, I expect to be asked about how well I am doing in my classes and how much I enjoy them. This is how the discussion went in September. And also, judging from Continue reading A Major Decision