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zeynep's profile
zeynep tufekci
zeynep tufekci
zeynep tufekci
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@zeynep

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zeynep tufekciVerified account

@zeynep

Complex systems, wicked problems. Society, technology, science and more. @UNC professor. @NYTimes columnist. My newsletter is @insight: http://www.theinsight.org 

floating in a most peculiar way
theinsight.org
Joined August 2009

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    1. Aswin Punathambekar‏ @aswinp 4 Apr 2020

      Why are universities w/ multi-billion $$ endowments announcing wage cuts/freezes, hiring freezes, letting “non-essential” workers go, etc.? This article, shared by many folks already, goes a long way towards explaining things: https://bit.ly/2X8x8L3 

      4 replies 82 retweets 222 likes
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    2. Steven M. Bellovin‏Verified account @SteveBellovin 4 Apr 2020
      Replying to @aswinp @zeynep

      It's more than that. At Columbia, the Provost said that there are five main sources of income: endowment, fundraising, research funding, clinical income, and tuition—and right now, all are down. But in 2008, losses in the first two were offset by stability/gains in the other 3.

      1 reply 2 retweets 13 likes
    3. Aswin Punathambekar‏ @aswinp 4 Apr 2020
      Replying to @SteveBellovin @zeynep

      Thanks, Steve! One q'n: post 2008-09, have well-resourced universities tried to figure out ways to set aside funds for emergencies and crises? I understood it's not a simple matter of taking a few million from one source to take care of needs across every domain, but still...

      1 reply 1 retweet 5 likes
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    7. zeynep tufekci‏Verified account @zeynep 4 Apr 2020
      Replying to @sivavaid @aswinp @SteveBellovin

      Okay but why is it structured that it can only grow more but never go back to where it was a few years ago in real terms? Princeton says it earned 6% and 14% in the last two years, for example. That's about four billion added in just two years. Why can't they go back to 2017?

      3 replies 0 retweets 17 likes
      zeynep tufekci‏Verified account @zeynep 4 Apr 2020
      Replying to @zeynep @sivavaid and

      I understand why this is devastating for public universities and those with less funds. But how much would it cost for a university with $26 billion to not lay off staff for one or two years? I get they'd be selling at a loss—but just accepting back to 2017 gives them billions.

      6:17 PM - 4 Apr 2020
      • 8 Likes
      • MA Walker Denizalp Doug Wilson Aswin Punathambekar JulioCCarreroP some guy Elana Levin
      0 replies 0 retweets 8 likes

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