Rice University’s Student Newspaper — Since 1916

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Class works to preserve art

(11/06/09 12:00am)

In a rare combination of joining humanities with engineering, Bioengineering Lecturer Matthew Wettergreen joined four students in creating better storage for artwork at the Museum of Fine Arts Houston. The collaboration between Rice and the MFAH began when Interim Dean of Humanities Gary Wihl asked the museum's administration about the possibility of collaboration between itself and Rice's engineering department, MFAH Conservation Director Wynne Phelan said.

President outlines plans

(10/30/09 12:00am)

During the Student Association meeting Monday night, President David Leebron addressed the decreased endowment, concerns about the proposed Rice-Baylor College of Medicine merger and outlined the overall status of the university. After mentioning a short history of student, faculty and financial trends at the university, Leebron presented his plan for current and future campus expansion and said he intends to keep Rice in the running as a competitive research university while maintaining the small size of the school.

Endowment under new management

(10/23/09 12:00am)

With the creation of the Rice Management Company at the beginning of this month, the endowment received a new organization to oversee its investments. The new organization will be headed by President of the Rice Management Company Scott Wise, formerly the vice president for investments, and a 10-member board of directors. Of the 10 members, seven currently serve on the Rice Board of Trustees and comprise part of a finance committee within the board, while the other three were recruited from outside the university, based on their background in financing, Wise said.

Rice families flock to campus

(10/02/09 12:00am)

The campus buzzed with activity and new faces last week as more than 2,300 guests participated in this year's Families Weekend. This number is an increase from last year, when 1,975 guests visited campus for the weekend.The two most highly-attended events were filled to capacity: all 700 tickets were distributed for Friday evening's reception at the Museum of Fine Arts and all 1,300 tickets were sold for Saturday's pre-game barbecue. The events were capped because of limited space.

Kazakhstan envoy speaks at Wiess

(09/25/09 12:00am)

Thanks to the 2006 film Borat, the nation of Kazakhstan has quickly, if infamously, earned household recognition. However, unlike the film's hirsute and skimpily-swimsuited main character, Kazakhstan Ambassador to the United States Erian Idrissov, who spoke at Wiess College Monday, promoted a message of peace and progress. This talk was part of the James A. Baker III Institute for Public Policy's partnership with the residential colleges.

Financial aid increases while applications surge

(09/04/09 12:00am)

Despite the economic downturn, the Office of Financial Aid has increased the amount of aid it is offering students by several million dollars this year, Student Financial Services Director Anne Walker said. Though the office is awarding more aid than it did last year, Walker said students do not have a significantly greater need for aid than in years past. Instead, more families have special circumstances due to the uncertain economy that are causing more students to apply for aid, she said.

Phils advance to finals in competition for first time

(02/20/09 12:00am)

For the first time since their founding in 1995, the Rice Philharmonics will advance in an international competition. After competing in the International Championship of Collegiate A Cappella south quarterfinals last weekend in Athens, Georgia at the Morton Theatre, the Philharmonics will advance to the semifinals on March 14 in Greensboro, N.C., where they will compete against first- and second-place winners from each south quarterfinal.Also competing at the quarterfinals were the Accidentals of the University of Georgia, who took first place, With Someone Else's Money and Noteworthy, also from the University of Georgia and Clemson University's TakeNote.

Debate considers pros, cons of public service academy

(02/06/09 12:00am)

[Editor's Note: This story's original online posting attributed all of U.S. Public Service Academy Co-Founder Shawn Raymond's quotes to his partner, Chris Myers Asch, who was not present at the debate. The story has been updated to rectify the mistake (Sunday, Feb. 15)]The United States has five universities dedicated to military service but none for public civilian service. Advocates of this idea, Shawn Raymond, co-founder of the U.S. Public Service Academy, and Philip Levy, an economist at the American Enterprise Institute in Washington, discussed the pros and cons of the creation of such an academy in a debate held in the Rice Memorial Center Tuesday.

Rice endowment decreases $60 million

(09/26/08 12:00am)

As the Wall Street collapse earlier this month indicated, times are tough for investments. Reflecting this trend, Rice's endowment this year has decreased $60 million from $4.67 billion to $4.61 billion. Nationally, Rice ranks 19th for the size of its endowment, and ranks sixth in amount per student according to the National Association of College and University Business Officers Endowment Study. The endowment is a permanent investment that the university uses to support the general operation of the school, faculty chairs, scholarships, fellowships and departmental programs. The endowment is invested in U.S. stocks, international stocks, fixed income, hedge funds, private equity and real assents - which include real estate, oil and timber. It is invested with over 100 different investment managers and partnerships around the world.