Friday, February 17, 2012

Out of Hock at M.I.T.

"MIT president Susan Hockfield to step down" by Mary Carmichael  |  Globe Staff, February 16, 2012

Susan Hockfield, who as president of the Massachusetts Institute of Technology has launched major efforts to advanceenergy technology, manufacturing, and the life sciences, said yesterday that she will step down to allow a new leader to oversee a new multibillion-dollar fund-raising campaign.

Hockfield, who turns 61 next month, decided to leave her post as the school’s 16th president only a few weeks ago and told almost no one until yesterday, leaving even many top officials and faculty at MIT stunned. She plans to remain until a successor is chosen....

During Hockfield’s tenure, MIT has raised nearly $3 billion, the most successful period of fund-raising in the school’s history, despite hard economic times. The university, which celebrated its 150th anniversary in 2011, brought in $534 million in donations last year. Its endowment, valued at $5.9 billion when Hockfield arrived, now stands at $9.9 billion....  

Yeah, that's with a b.

--more--" 

Related:  

"Community colleges are often overlooked in a state dominated by elite universities including Harvard and the Massachusetts Institute of Technology." 

 Same in the Globe's news pages, and why not? 

That's their core readership, not stoo-pid old me out here.