At the 18th meeting of the 20th Undergraduate Senate, Senators unanimously approved a resolution supporting increased pay, but not “financial reparations,” for Ethnic Theme Associates (ETA).
Although Stanford makes over $6 billion in revenue, only about one-fifth of that money is designated as a ‘general fund,’ meaning the University can spend the money on anything it deems fit.
Stanford released its annual financial results for the 2018 fiscal year on Thursday, which included a Stanford Management Company (SMC) statement on investment portfolio returns as well as the University’s announcement of its endowment value, according to a report released by Stanford News.
The decision not to adopt a certain idea or to cut it back to a smaller scale becomes a moral position. The Stanford public should scrutinize the process of selection and implementation as not just a medley of initiatives but an action-backed expression of who and what matters to the University.
One of the core functions of student government here at Stanford is facilitating student-initiated programming on campus. In particular, there are hundreds of “voluntary student organizations,” or student-led groups, that put on hundreds of events each year. The Graduate Student Council, the graduate student arm of the ASSU, funds these events each year with money collected…
There is no doubt that Palo Alto is rich, or as Palo Alto teens might say, hella rich. The affluence of Stanford’s next-neighbor highlights the ways, both major and minor, in which the University maintains economic ties to surrounding cities and the region as a whole.