The number of presidents at public universities making more than $1 million a year more than doubled to nine in the 2012-2013 school year as performance bonuses drove pay higher, according to the Chronicle of Higher Education.
Yale University, the world’s second- wealthiest school with a $20.8 billion endowment, increased investments in an emerging market stock fund, accounting for almost three-quarters of its publicly traded portfolio.
Stanford University’s decision to stop investing in coal companies may help bolster the hundreds of student-led campaigns that have spread across college campuses in the past two years aimed at stopping climate change.
At a Dowling College campus on Long Island’s south shore, a fleet of unused shuttle buses sits in an otherwise empty parking lot. A dormitory is shuttered, as are a cafeteria, bookstore and some classrooms in the main academic building.