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Showing posts with label Princeton. Show all posts
Showing posts with label Princeton. Show all posts

Wednesday, February 26, 2025

Elite University Presidents: Most Hated Men (and Women) on Campus

In prestigious universities across the country, the figurehead of the institution—the president—has become a symbol of frustration and resentment among students, faculty, and staff. These figures, often once revered as academic leaders, are increasingly viewed as little more than corporate CEOs, prioritizing the interests of wealthy trustees and donors over the very people who make the university what it is: the students and the dedicated faculty and staff who carry out its mission.

At the heart of the growing discontent is the trend of university presidents restricting freedom of speech and assembly, stifling student activism, and limiting open debate in the name of "campus safety" or "institutional stability." Instead of acting as advocates for open discourse, many university presidents have aligned themselves with powerful corporate interests, turning their backs on the very values that once defined higher education. The administration's agenda is often dictated by the whims of major donors, whose influence can shape everything from university policy to the hiring and firing of professors.

The University of Chicago, long a beacon of academic freedom, has seen its leadership take a hard turn in recent years, placing increasing restrictions on student demonstrations and dissent. Under the guise of maintaining "campus order," the administration has been known to deploy private security to break up protests and limit public forums for free speech.

Harvard University, with its enormous endowment and prestigious reputation, has become another example of an institution where the president seems more concerned with appeasing donors than listening to the students and faculty. The administration has been criticized for prioritizing relationships with donors over addressing the deepening student debt crisis and growing concerns about inequality in higher education. The university has faced a wave of student-led protests demanding action on climate change, affordable tuition, and the rights of adjunct faculty, all of which were largely ignored or dismissed by the top administration.

Harvard’s massive endowment—reportedly the largest of any university in the world—has been a focal point of controversy. While it continues to grow, many argue that the university could be doing far more to address the financial burdens of its students, particularly the mounting debt facing undergraduates. Instead, the administration has focused on expanding its brand and maintaining its status as an elite institution, often prioritizing donor preferences and legacy admissions over efforts to make education more accessible. Legacy admissions, in which children of alumni are given preferential treatment, have been a point of contention, with critics arguing that this practice entrenches privilege and reduces opportunities for marginalized students.

Even at places like Princeton University, long considered a champion of academic freedom, President Christopher Eisgruber has come under fire for clamping down on student speech and assembly. While Princeton’s administration claims to support free expression, it has quietly enacted policies to restrict protestors’ access to the administration building, citing concerns about “disruption” and “disorder.” Eisgruber, who has connections to powerful alumni, has been accused of using his position to protect the interests of wealthy donors while ignoring the voices of those who are most directly affected by the university's policies.

The University of Southern California (USC) is another prime example of a university where the president’s priorities have come under increasing scrutiny from students, faculty, and staff. Under President Carol Folt, USC has become emblematic of a trend where the administration appears more aligned with wealthy donors and corporate interests than with the needs of its campus community.

Folt, who took over as USC's president in 2019, was thrust into the spotlight during a period of significant unrest. The university had already been embroiled in scandals—including the high-profile college admissions bribery scandal—and was facing criticism for its handling of sexual assault allegations within its medical school. Rather than addressing these issues head-on, many argue that Folt’s administration focused instead on securing funding from high-profile donors and expanding the university’s brand, while sidelining the concerns of students and faculty.

This prioritization of external donors is evident in USC’s massive fundraising campaigns, which often overshadow initiatives aimed at addressing student debt, affordability, or academic freedom. USC's endowment has grown exponentially under Folt’s leadership, but student loan debt continues to be a crippling issue for many Trojans, and the concerns of adjunct faculty members remain largely ignored.

Furthermore, Folt’s administration has faced criticism for its efforts to suppress dissent on campus. For instance, student protests related to labor rights, housing issues, and calls for greater diversity on campus have been met with limited response or, at times, outright hostility. In 2022, when USC students protested the administration's handling of campus housing shortages, they were met with heightened security measures and a lack of genuine engagement from university leadership. These actions—along with Folt’s ties to the private sector, particularly her background in environmental policy and corporate leadership—have fueled perceptions that USC’s administration is more interested in protecting its brand than in creating an inclusive, participatory academic environment.

USC also exemplifies the growing disconnect between students, faculty, and administration when it comes to issues of free speech and assembly. Protests have become less frequent, as many students feel their voices will not be heard, and faculty members, particularly those in non-tenure track positions, are often too fearful of retribution to publicly criticize the administration.

The discontent with university leadership is not confined to the campus. In recent years, presidents from some of the nation's most elite institutions, including Harvard, the University of Pennsylvania, and the Massachusetts Institute of Technology, have faced intense scrutiny and backlash during hearings in the U.S. House of Representatives. These public hearings, aimed at addressing the growing issues of student debt, university funding, and the influence of wealthy donors on campus, have highlighted the widening disconnect between top university administrations and the communities they are supposed to serve.

During a House hearing in 2022, Lawrence Bacow of Harvard, along with MIT's President L. Rafael Reif and Penn's President Amy Gutmann, faced tough questioning from lawmakers who were deeply critical of how these institutions have handled student debt, tuition costs, and their ties to corporate interests. Bacow, in particular, faced pointed questions about Harvard's massive endowment and the university's refusal to use its resources to address skyrocketing tuition and student loan debt. Both Reif and Gutmann were grilled on how their institutions have prioritized securing donations from wealthy alumni and corporate entities over the well-being of students and faculty. The hearing exposed a troubling pattern where the presidents of these prestigious institutions seemed more concerned with maintaining their institutions' financial health than with addressing the needs of their campus communities.

Legacy admissions, a practice entrenched at many of these elite schools, also came under fire during the hearings. Critics argued that such policies perpetuate inequality, giving children of alumni—many of whom come from wealthy backgrounds—unfair advantages in the admissions process. This has contributed to the growing perception that these universities, while claiming to offer merit-based opportunities, are fundamentally shaped by privilege and corporate interests.

These public confrontations highlighted the growing frustration with university presidents who are seen as out of touch with the everyday realities facing students and faculty, as well as the increasing influence of money and corporate interests in higher education. The presidents of these universities, once seen as respected leaders, have become targets of anger and resentment, with many on Capitol Hill and on campus calling for a shift in how these institutions are governed.

These are just a few examples of elite universities where the power structure has shifted toward those who have the financial means to dictate the terms of the campus experience. As tuition costs rise and student loan debt becomes a crushing burden for many, university presidents seem more determined than ever to serve the interests of trustees and donors, rather than advocating for the people who should be their true constituents: the students, faculty, and staff who make up the heart of the academic community.

The impact of this shift has been profound. On campuses across the country, students are increasingly feeling that their voices don’t matter. Faculty members, once seen as the intellectual core of the institution, are being sidelined in favor of administrators who prioritize financial concerns over academic integrity. And staff members—many of whom are underpaid and overworked—are being pushed to the margins as well.

But it’s not just students who are feeling the heat. Faculty and staff have found their own platforms for protest increasingly under attack. At places like Yale University, where former President Peter Salovey faced criticism for neglecting the needs of faculty and for his lukewarm responses to issues like labor rights and the treatment of graduate workers, professors staged walkouts and organized petitions to voice their discontent with the administration's disregard for their well-being.

In this new era, university presidents are no longer the beloved leaders of intellectual discourse—they are the gatekeepers of corporate power, more concerned with securing funding from wealthy donors than with fostering an inclusive, open, and critical academic environment. The fallout from this shift is only growing, as campuses become hotbeds of dissent, with students, faculty, and staff increasingly questioning the direction of higher education and the people at the helm.

As the divide between administration and the campus community continues to widen, one thing is clear: the once-admired university president is now among the most hated figures on campus, seen not as a champion of academic values, but as an enforcer of an increasingly political and profit-driven agenda.

Friday, February 14, 2025

Elite Universities With Legacy Admissions (edreformnow.org)

Here is a short list of US universities with legacy admissions. These elite and highly selective schools give preferential treatment to applicants who are related to alumni, which rewards parents, grandparents, and relatives of students rather than rewarding deserving students for their skills and efforts.

For a more exhaustive list, visit edreformnow.orgThe spreadsheet is here.

California banned legacy admissions for private colleges in 2024. The practice is also under increased scrutiny in the wake of the recent U.S. Supreme Court ruling against college admissions policies that consider race.

While it may not be just or fair, the process is not illegal in the United States, nor is there much public outcry about this elitist tradition. Without insider information, it's also difficult to know how individual schools use legacy admissions and how the murky process operates.

Monday, September 23, 2024

Wealth and Want Part 1: Multi-Billion Dollar Endowments

US higher education reflects and reinforces a world of increasing inequality, injustice, and inhumanity. This system (or some would call it an industry) should function as a conduit between good K-12 education, good jobs, and the wellness of all its citizens, whether they attend or not. But increasingly, it does not. 

The first installments of the Wealth and Want series examine the concentration of wealth in the US higher education system.  And this article focuses on loosely regulated university endowments. While many American schools struggle to provide basic amenities and academic resources, elite universities boast endowments that rival the GDPs of small nations. And they pay little in taxes

The Endowment Elite and Ill-Gotten Gains

At the pinnacle of higher education wealth are Harvard ($49B), The University of Texas System ($44B), Yale ($40B), Stanford ($36B), and Princeton ($34B). These institutions have amassed endowments that provide a steady stream of income for investments, scholarships, and research initiatives. How their money is invested is rarely known.  

Endowment managers at elite schools typically make more than a million dollars a year. The most elite schools pay their managers $5M-$10M a year, with compensation largely based on returns. But those managers still get hefty salaries even when they lose money.

There are more than 120 schools with endowments greater than a billion dollars. But the 20 richest university endowments together hold more wealth than the other 5000 or so other higher education institutions combined. 

Elite endowments are often the result of centuries of fundraising, donations, and strategic (sometimes shady) investments. For many of the most prestigious schools, it began with land theft and generations of forced labor

For other wealthy schools, it was the result of philanthropic robber barons like Johns Hopkins (who also held captives), Andrew Carnegie, Leland Stanford, John D. Rockefeller, Cornelius Vanderbilt, and James Buchanan Duke who made their wealth through mass exploitation of people and the planet. 

For wealthy flagship state universities, it also came from land theft. In the case of the University of Texas, its wealth largely came from, and to some degree still comes from the exploitation of fossil fuels that jeopardize the planet.


Historical Context and Structural Inequality

  • Land Theft and the Founding of Institutions: The establishment of many American universities, including Ivy League institutions and those founded under the Morrill Act, was often intertwined with land theft from Native American tribes. This practice, often referred to as "land dispossession" or "Indian removal," was a key component of Manifest Destiny and the expansion of European settlement across the continent.
  • Ivy League Universities: Institutions like Harvard, Yale, and Columbia were granted land by colonial governments, which often acquired these lands through treaties that were coerced or violated. They also used enslaved labor to build and maintain their wealth.  
  • Funding Models: The funding models for public higher education often favor larger, research-intensive universities. This can lead to underfunding for smaller, less prestigious institutions, particularly those serving marginalized communities.
  • Endowment Inequality and Profits Over People and Planet: Endowments are a powerful tool for wealth accumulation and institutional advantage. The concentration of endowments in a few elite universities can exacerbate existing inequalities and create a self-perpetuating cycle of privilege.  These endowments have also engaged in shady investments that perpetuated worker oppression, genocide, and environmental destruction. 

Related links:
Tax Wealthy Private Universities Now (Paul Prescod, Jacobin)