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The University of Wisconsin-Oshkosh's first new free-standing academic building since 1971 received unanimous approval from the State Building Commission (SBC), keeping the building on schedule for late summer construction...
University of Wisconsin officials say they are launching important initiatives designed to deal with conflict of interest policies at the UW School of Medicine and Public Health. University of Wisconsin System President Kevin Reilly and UW-Madison Chancellor Carolyn "Biddy" Martin made those comments in a letter sent Monday to Sen. Charles Grassley, R-Iowa...
A group of University of Wisconsin-Stevens Point students wants to help its peers learn more about how to lobby government. The group, led by Kirk Cychosz, is forming a lobby team that will help educate and train students on the ins and outs of lobbying government officials. The team will be open to all students, not just those already politically involved...
In an exclusive interview, Badger season ticket holder Margaret Hiebing told 27 News she remains emotionally scarred after police officers used tasers on her at Camp Randall during her ejection from a game...
The city of Madison's new economic development director appears energetic and knowledgeable -- especially when it comes to regional cooperation and high-tech economic development. The hiring of Timothy Cooley last week suggests Madison is making progress on the important task of encouraging job creation and high-paying jobs...Cooley also has experience with technology commercialization, something UW-Madison is emphasizing and in a strong position to do more of...
The talk among panelists at a recent Accelerate Madison luncheon was centered on recession survival, but it wasn't long before some entrepreneurial thought leadership entered into the mix...But Ron Kraemer, CIO and vice provost for IT at the University of Wisconsin-Madison, said innovation can get lost in the recession shuffle. While it's important in the short-run to emphasize the provision of services for things that are part of an organization's core mission, Kraemer warned not to neglect the long view. CIOs also need to ask, “How do we innovate to remain relevant in the long run?” he said...
Average college endowment returns dropped about 3% over the 12 months ending in June, then plummeted an estimated 22.5% more on average over the next five months, three surveys show today..."I hope colleges won't use the recent volatility as an excuse to raise tuition or freeze student aid," says Senate Finance Committee chairman Chuck Grassley, R-Iowa. "Contrary to what colleges might argue, the weak economy makes a strong case for more endowment spending on student aid. If an endowment is a rainy-day fund, it's pouring"...
American colleges and universities lost an average of 23 percent on their endowment investments last semester, according to a national survey to be released today, a drop that is hurting the bottom line across the board, from major state institutions to the Ivy League. ..
College endowments have suffered a sharp blow in the financial crisis, with aggregate investment losses of at least $94.5 billion, according to a new survey.The losses, covering the period between July 1 and Nov. 30 of last year, likely understate the severity of the hit schools have taken, since they don't include losses in illiquid, hard-to-value investments that many schools have loaded up on. Schools warned that the declines could lead to cutbacks in financial aid...
The value of university endowments fell about 23 percent on average in the five months ended Nov. 30, according to two newly released reports. The steep declines are forcing colleges and universities across the country to contemplate wage freezes, layoffs and a halt to construction projects...
College endowments earned an average return of minus-3 percent for the 2008 fiscal year and an estimated minus-22.5 percent in the five months after that, two new reports out today show. The declines are already having an impact. More than a quarter of all institutions said they planned to draw less money from their endowment this year than they had expected to spend... (paid subscription required)
At least 27 universities earned more than $10-million from licensing the rights to vaccines, drugs, medical devices, and other intellectual property in 2007, according to a report released yesterday by the Association of University Technology Managers. Ten universities earned more than $50-million each from license income in 2007... (paid subscription required)