Yale’s David Swensen Gets Into Spat With Student Paper Over Endowment

Janet Lorin:

Now he’s found himself in a spat with the student newspaper over coverage of the endowment and subsequent publication of an email exchange between Swensen and editors.

The dispute flared up over his op-ed column in the Yale Daily News, which he asked the staff to publish without editing. His March 1 piece took exception to the paper’s reporting in February of a teach-in event led by student activists that criticized the endowment’s investments.

He said the student reporter didn’t contact Yale’s investment office for the February article. The newspaper on March 3 issued a correction over the news story.

Editors of the newspaper eliminated what they called an erroneous sentence in Swensen’s piece that said he wasn’t contacted by a reporter, which he deemed as editing.

Related: Open The Books:

Ivy League payments and entitlements cost taxpayers $41.59 billion over a six-year period (FY2010-FY2015). This is equivalent to $120,000 in government monies, subsidies, & special tax treatment per undergraduate student, or $6.93 billion per year.