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March 7, 2001: Features Saving
old stones By David Marcus Late on a raw, gray afternoon in November, Princeton professor George Scherer and a pack of his students are standing outside the Cloisters, the northern Manhattan branch of the Metropolitan Museum of Art that specializes in medieval art and sculpture. Feeding
the Tiger By Allan Demaree Princeton's endowment is a wonder to behold. It has grown to the point that the university's trustees decided in January to increase spending from it by $57 million, or 27 percent, next year. This extraordinary leap, which will finance initiatives ranging from freshman writing seminars to the new "debt-free" student-aid policy, is by far the biggest spending increase in Princeton's history. |
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