Cornell Faces Financial Challenges
How are Cornell’s financial plans working in a rapidly changing environment?
How are Cornell’s financial plans working in a rapidly changing environment?
The National Labor Relations Board (NLRB) has generally supported viewing graduate students as employees with rights to form unions. As of July 2023, there were at least 156 active graduate student unions in the U.S. Also, currently, U.S. colleges have 775 faculty bargaining unions in public sector and private sector institutions of higher education. Unionization at private colleges are subject to the NLRB, and public colleges are governed by state labor relations authorities, such as the PERB in New York State. To date, there has been no public move to unionize Cornell’s faculty.
The Cornell Committee on Expressive Activity (CCEA) issued its Final Report on December 18 that was shared in an email from Chair Colleen Barry to all students, faculty and staff.
Cornell’s endowment is critical to both the survival as well as the quality of the University. Peer Universities have now released their financial returns for the fiscal year ending June 30, 2024, and Cornell’s investment gurus have produced middle of the pack results, at 8.7%. By comparison, the S&P 500 index grew 22.7% during that period.
In general, it is not clear how the tradition of naming buildings at universities or at Cornell in particular, got started. Naming rights were associated with a generous gift or recognition of service to the university. By the time naming rights became firmly linked in the public’s mind as a great honor, people realized that the honor could not be easily revoked or amended.
Looking through Tuesday’s election data, it is clear that Tompkins County, home to Cornell, is the bluest of the blue in a state that showed a higher-than-expected Republican turnout. We are living in a political bubble that does not align with New York State or the rest of the nation, and Tuesday’s vote brought that reality home
On November 11, John Ondrasik and Patricia Heaton will speak and perform in Bailey Hall at 7 PM.
This organization is a registered student organization of Cornell University