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The media line fed to the public about weeks of protests at Columbia — and the administrative crackdown that followed — has been selective at best. Columbia students have made clear that that’s what drives their protests. Why, even as numerous students at Columbia and elsewhere have been doxxed, harassed and bullied, were no congressional hearings called? But if Columbia students didn’t care about their university and the values it claims to uphold, they wouldn’t have risked so much with their protests. By the same token, if students didn’t care about our country, they wouldn’t protest so vocally against its policies.
Persons: Haroon Moghul, I’ve, , What’s, we’ve, Minouche Shafik, Shafik, aren’t, maters Organizations: The Concordia Forum, CNN, Columbia University’s Department of, Studies, Columbia, Columbia University, Columbia —, UCLA, Israel, Police, Ivy League, America, Twitter, Facebook Locations: Islam, Eastern, Europe, Columbia, Gaza, Washington , DC, America
CNBC reached out to the SEC about the recent batch of Wells notices sent to crypto firms, and an agency spokesperson declined to comment. Exchanges, both centralized and decentralized, would be forced to choose between registering with the SEC, or delisting ether altogether. watch nowBoth Consensys and Uniswap suggest the SEC's broad approach to classifying securities may be outdated. "The SEC is arguing that the Uniswap protocol is an unregistered securities exchange, and that the Uniswap interface and wallet are both unregistered broker brokers," Ammori said. Uniswap argues in its response to the SEC that the majority of its trading volume is obvious nonsecurities, like ether, bitcoin and stablecoins.
Persons: Marvin Ammori, “ Ammori, Wells, Consensys, overreach, Joseph Lubin, Lubin, , , Christopher Gerold, Laura Brookover, Brookover, ethereum, Bill Hinman, Hinman, Patrick McHenry, Gary, Crypto, haven't, Uniswap, Ammori, there's, Alma Angotti, Guidehouse, Coinbase, We've, Christina Rea, We're, CNBC's Jordan Smith Organizations: Securities and Exchange Commission, Uniswap, SEC, Ethereum Foundation, CNBC, Security, New, New Jersey Bureau of Securities, Consensys, Securities, Exchange Commission's, of Corporation Finance, Rep, Robinhood Locations: U.S, Lubin, New Jersey, ethereum, R
Live Updates: Biden to Speak at Morehouse Graduation
  + stars: | 2024-05-19 | by ( Katie Rogers | ) www.nytimes.com   time to read: +3 min
ET Maya King andImage At Morehouse College in Atlanta, discontent over the Gaza war has played out relatively quietly, in classrooms and auditoriums rather than on campus lawns. Yet Mr. Biden appears to be entering a different type of scene at Morehouse. Many started lower on the economic ladder and are more intently focused on their education and their job prospects after graduation. At Morehouse — which has a legacy of civil rights protests and is the alma mater of the Rev. “This should not be a place that cancels people regardless of if we agree with them,” David Thomas, the Morehouse president, said in an interview earlier this month.
Persons: Christian Monterrosa, Biden’s, Kamala Harris, Stephen K, Benjamin, Biden, Morehouse —, Martin Luther King Jr, ” David Thomas, Morehouse, Kitty Bennett Organizations: Morehouse College, The New York Times, Morehouse, Black, Democratic Party Locations: Atlanta, Gaza, Morehouse
He was most recently communications director for Vice President Kamala Harris at the White House and is currently a CNN political commentator. About half knew Biden was for marriage equality but only one knew he was for it before President Barack Obama. These students knew little about the warmer parts of Biden’s pre-presidential story, but a lot about the more troublesome aspects. A speech like the one at Morehouse, therefore, provides a critical opportunity for Biden. The president must let these students know he is not just the lesser of two evils, because he’s not evil.
Persons: Jamal Simmons, Kamala Harris, Joe Biden’s, Michael Levesque, White, Steve Benjamin, Morehouse, , Biden, Levesque, Beau Biden’s, Barack Obama, Terrance Woodbury, That’s, ” Woodbury, , Harris, , he’s Organizations: Democratic, White, CNN, Morehouse College, Sunday, Apple News, Guardian, Wall Street, USA, Oakland, San, Democratic pollster, HIT, Morehouse, Israel, Hamas, Twitter, Facebook, America Locations: Gaza, Scranton , Pennsylvania, Biden’s, San Francisco
Read previewWalmart CEO Doug McMillon returned this weekend to his alma mater, the University of Arkansas, where he delivered the commencement address to the class of 2024. McMillon also revealed how some plans didn't work out — like being rejected from the top MBA programs — and how a mistake could have ended his career before it began. I'm wired to think more about what's coming next than the moment right in front of me. AdvertisementMy second piece of advice is to pursue a career that does not feel like work. If you're in the right place, most days, work won't even feel like work.
Persons: , Doug McMillon, McMillon, Doug McMillon's, I've, Jim Webster, Jim, Wharton, Shelly, they're, Sam Walton's, Helen, it's, you've, Benny Bridwell, Benny, Bryan Adams Organizations: Service, University of Arkansas, Business, Harvard, Stanford, Walmart Locations: Arkansas, USA, South Africa, Rogers
Anti-Israel protesters are just engaging in a form of performance art, says Citadel CEO Ken Griffin. Griffin said he was pausing his donations to Harvard over its approach to on campus antisemitism. AdvertisementCitadel founder and CEO Ken Griffin, 55, isn't a fan of the anti-Israel protesters that have taken over American college campuses. That's just anarchy," Griffin said of the student protesters. Griffin's criticisms of student protesters highlight the huge influence that Corporate America has on higher education.
Persons: Ken Griffin, Griffin, , we're, That's, Griffin didn't, Harvard didn't, Darren Woods, Kevin O'Leary, O'Leary Organizations: Israel, Citadel, Harvard, Service, Financial Times, Columbia University, UCLA, The New York Times, BI, mater, Harvard University, Harvard Gazette, Senate, IBM, Funds Association Network Miami, Ivy League, CNBC, Fox News Locations: Israel
At Morehouse College in Atlanta, discontent over the Gaza war has played out relatively quietly, in classrooms and auditoriums rather than on campus lawns. “This should not be a place that cancels people regardless of if we agree with them,” David Thomas, the Morehouse president, said in an interview on Thursday. Mr. Richmond does not think Mr. Biden will face protests. “The Morehouse College graduation, at least as I remember it, is a very solemn event,” he said. Roughly 75 percent of students at H.B.C.U.s, including 50 percent of Morehouse students, are eligible for the Pell Grant, a federal aid program for low-income students.
Persons: Biden, Kamala Harris, Biden’s, Stephen K, Morehouse —, Martin Luther King Jr, , ” David Thomas, Christian Monterrosa, Morehouse, Cedric Richmond, Richmond, , , That’s, Harris, Mekhi Perrin, ” Mr, Perrin, Mr, King, Benjamin Bayliss, Dr . King, Morehouse ”, Pell Grant, Dillard, Walter Kimbrough, Young, Donald J, Freddrell Rhea Green II, Donald Trump, ” “ Joe Biden, Samuel Livingston, Auzzy, Byrdsell, Raphael Warnock of, Warnock, ” Kitty Bennett Organizations: Morehouse College, Morehouse, White House, Black, Democratic Party, The New York Times, White, Democratic National Committee, Mr, Howard University, Gaza, George Mason University in, “ Morehouse, Dillard University, Trump, , West Bank, Credit Locations: Atlanta, Gaza, Morehouse, George Mason University in Virginia, , H.B.C.U.s, Columbia, New Orleans, Palestinian, Raphael Warnock of Georgia
I immigrated to Canada from Nigeria when I was 22 for my master's degree and started working right after graduating. I had thought about starting my own clothing brand for years, so I started working on ideas for that too. One of the biggest things I'm taking away from this sabbatical is realizing that a lot of things are not that serious. I've never been this happy, and I'm the most broke I've ever been. AdvertisementIf you took a sabbatical and would like to share your story, email Jane Zhang at janezhang@businessinsider.com.
Persons: Alma Rex, Ezonfade, , I'm, would've, I'd, what's, I've, Jane Zhang Organizations: Service, YouTube, Google, Abbey Locations: Toronto, Canada, Nigeria, Caribbean, Europe, Punta Cana, janezhang@businessinsider.com
“The Morehouse College graduation, at least as I remember it, is a very solemn event,” he said. Dr. King said it was a place where he had advanced his understanding of nonviolent protest and moral leadership — which current Morehouse students say they take seriously. Roughly 75 percent of students at H.B.C.U.s, including 50 percent of Morehouse students, are eligible for the Pell Grant, a federal aid program for low-income students. More than 80 percent of Morehouse students receive some form of financial aid. Some students at Black colleges also may decide against protesting because of family pressure, which amplifies the importance of securing their degrees.
Persons: Biden, Kamala Harris, Biden’s, Stephen K, Morehouse —, Martin Luther King Jr, , ” David Thomas, Christian Monterrosa, Morehouse, Cedric Richmond, Richmond, , , That’s, Harris, Mekhi Perrin, ” Mr, Perrin, Mr, King, Benjamin Bayliss, Dr . King, Morehouse ”, Pell Grant, Dillard, Walter Kimbrough, Young, Donald J, Freddrell Rhea Green II, Donald Trump, ” “ Joe Biden, Samuel Livingston, Auzzy, Byrdsell, Raphael Warnock of, Warnock, ” Kitty Bennett Organizations: Morehouse College, Morehouse, White House, Black, Democratic Party, The New York Times, White, Democratic National Committee, Mr, Howard University, Gaza, George Mason University in, “ Morehouse, Dillard University, Trump, , West Bank, Credit Locations: Atlanta, Gaza, Morehouse, George Mason University in Virginia, , H.B.C.U.s, Columbia, New Orleans, Palestinian, Raphael Warnock of Georgia
David Shapiro, a cerebral yet deeply personal poet aligned with the so-called New York School, whose highly lyrical work balanced copious literary allusions with dreamlike imagery and intimate reflections drawn from family life, died on Saturday in the Bronx. His wife, Lindsay Stamm Shapiro, said the cause of his death, in a hospice facility, was Parkinson’s disease. Mr. Shapiro published 11 volumes of poetry during his six-decade career. His book “You Are You: Writings and Interviews on Poetry, Art and the New York School” is scheduled to be published this fall. And he maintained a career in academia that included decades as an art history professor at William Paterson University in Wayne, N.J.
Persons: David Shapiro, Lindsay Stamm Shapiro, Shapiro, , Piet Mondrian, Jasper Johns, Jim Dine Organizations: New York School, William Paterson University, Columbia University Locations: Bronx, Wayne , N.J, mater
He can expect a grilling over concerns of antisemitism at city schools, including at his alma mater, Hillcrest High School in Queens. “That’s not an issue of taking sides,” Mr. Banks said. New York City is one of the most diverse school districts in the world with large number of Jewish, Arab and Muslim families. Mr. Banks, who has twice traveled to Israel, added that he was “profoundly moved” on a visit to Yad Vashem, the country’s official Holocaust memorial. After watching university leaders at the two prior hearings on antisemitism, Mr. Banks said his greatest takeaway was simply to be authentic.
Persons: David Banks, “ we’ve, ” David C, Banks, Claudine Gay, Liz Magill, Nemat, , “ That’s, , we’ve, Yad Vashem, I’m Organizations: New, Columbia University, House Education, Work Force, Hillcrest High School, Harvard, University of Pennsylvania, New York, Muslim Locations: New York City, , Israel, Queens, America, Gaza, Yad, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMajor banks team up to test network for tokenized money and U.S. Treasurys: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Alma Angotti, partner and global legislative and regulatory risk leader at the consulting firm Guidehouse, weighs in on recent actions by the SEC, including the Wells Notice sent to Robinhood over its crypto operations.
Persons: explainers, Alma Angotti, Wells Organizations: CNBC Crypto, CNBC, SEC
He can expect a grilling over concerns of antisemitism at city schools, including at his alma mater, Hillcrest High School in Queens. “That’s not an issue of taking sides,” Mr. Banks said. New York City is one of the most diverse school districts in the world with large number of Jewish, Arab and Muslim families. Mr. Banks, who has twice traveled to Israel, added that he was “profoundly moved” on a visit to Yad Vashem, the country’s official Holocaust memorial. After watching university leaders at the two prior hearings on antisemitism, Mr. Banks said his greatest takeaway was simply to be authentic.
Persons: David Banks, “ we’ve, ” David C, Banks, Claudine Gay, Liz Magill, Nemat, , “ That’s, , we’ve, Yad Vashem, I’m Organizations: New, Columbia University, House Education, Work Force, Hillcrest High School, Harvard, University of Pennsylvania, New York, Muslim Locations: New York City, , Israel, Queens, America, Gaza, Yad, New York
Here’s a look at some of the pro-Palestinian campus protests around the world. AustraliaOver the past few weeks, pro-Palestinian protest camps have appeared in at least seven universities across Australia. FranceIn Paris, pro-Palestinian protests erupted at the Sciences Po university and the Sorbonne university in late April. At McGill University in downtown Montreal, pro-Palestinian student protesters have set up an encampment on the front lawn. On May 2, a Quebec Superior Court judge rejected an injunction request that would have forced the pro-Palestinian protesters to leave their encampment.
Persons: Hilary Whiteman, , Owen Humphreys, Miguel Medina, Emmanuel Macron, ” Louise, ” Samuel Lejoyeaux, “ I’ll, , India Eric Garcetti, Christinne, Oliver Marsden, ” Ali Organizations: CNN, New York’s Columbia University, Portland State, UCLA, United Nations, The University of Queensland, Students for Palestine, Palestine, University of Sydney, Sydney, United, United Kingdom Pro, Newcastle University, Newcastle University’s, , Sciences Po, Sorbonne, . Riot, Sorbonne University, Getty Images Sciences, Columbia University, Columbia, Harvard, Yale, UNC, Vanderbilt, , Union of Jewish Students of France, Le Monde, CRS, Jawaharlal Nehru University, Jamia Milia Islamia University, BJP, Bharatiya Janata Party, Communist Party, ’ Federation of India, At McGill University, Palestinian, Israel . Mounted, McGill University's, University of Toronto’s, University of British, CBC News, Reuters, American University of Beirut, American University of, Getty Locations: Gaza, United States, Europe, Asia, Israel, Gaza’s Rafah, Australia, Brisbane, United Kingdom, Newcastle, England, Leeds, Bristol, Warwick, Britain, France, Paris, Palestine, AFP, de, India, New Delhi, Columbia, Jamia, Canada, Montreal, Quebec, University of British Columbia, Vancouver, Lebanon, American University of Beirut, Beirut
Life was otherwise good: It was 2016, and Hogue sat next to his best friend every day at his senior web development job. He was making $117,300 per year, but driving back and forth felt like a waste of time and money, he says. Last year, Hogue made over $1,600 a day, or roughly $11,400 per week, according to documents reviewed by CNBC Make It. Winning that game each day helped keep him from quitting before his business turned profitable, he says. "The dollars-per-day [mindset] helps you understand what your time is worth," Hogue now tells Make It.
Persons: Ryan Hogue, Hogue, he'd Organizations: George Madison University, CNBC Locations: Virginia, Fairfax , Virginia
Its new puzzle games include trivia, word association, and a colorful twist on sudoku. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf you get tired of networking the next time you're on LinkedIn, you can now take a break with one of its competitive puzzle games. The social media site announced a new suite of games this week, seemingly looking to capitalize on the hype surrounding Wordle and other online puzzle games to keep its users coming back. Online word puzzle games seem to have exploded in popularity in recent years.
Persons: , We've, Lakshman Somasundaram, you'll Organizations: Service, LinkedIn, The New York Times
Alma Valencia, who once earned $90K in fashion, cares for her mom with dementia for $17.50 an hour. She is part of the "sandwich generation," simultaneously caring for her mom and her children. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It made sense because we wanted the best for her — and our family struggled to afford full-time, outside help. I was stretched thin as a so-called "sandwich generation caregiver."
Persons: Alma Valencia, , Mom —, Amelia, Daniel, texted, Alma Valencia I'd, Juan, Caregiving, what's, I've, I'm, Mom Organizations: Service, Social Security, Alma, Business Locations: California, Valencia, San Francisco
The recent late-life critical embrace of a generation of underappreciated major female artists — the 91-year-old nude self-portraitist Joan Semmel, the 84-year-old visual artist and sculptor Barbara Chase-Riboud, the 87-year-old performance and multimedia provocateur Joan Jonas and the Cuban-born abstractionist Carmen Herrera, who died two years ago at age 106 — has brought a measure of satisfaction to the sculptor Arlene Shechet. Also, a good bit of eye rolling. “C’mon now, Carmen had to get to her 90s before people cared,” she says, standing in her roughly 5,000-square-foot Kingston studio, about two hours north of New York City, on a rainy late spring morning, attired in her usual work garb of a knitted cap and an indigo Japanese frock coat now used as a smock, flecked with clay dust and wood chips. “Everyone says ‘Oh, isn’t it so great that these women are getting their due?’ Actually, when you think about it, it’s pretty horrifying.”The 75-year-old Shechet — bemused, kinetic, indomitable — is not in danger of having to wait to be recognized, but you might not realize that, given the furious pace at which she continues to make art. Although she spent the early years of her career teaching at her alma mater, the Rhode Island School of Design, and at Parsons, and raising two children, now in their 30s, in an 1866 building in TriBeCa, continuing to sculpt in a basement studio after their bedtime, she has made up for lost time.
Persons: , Joan Semmel, Barbara Chase, Joan Jonas, abstractionist Carmen Herrera, Arlene Shechet, C’mon, Carmen, Organizations: Rhode Island School of Design Locations: Cuban, Kingston, New York City, Parsons, TriBeCa
Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Broadcom : Broadcom's AI business, which includes co-designing custom chips for tech giants such as Club holding Alphabet, is booming. The newspaper reported April 12 that Salesforce was in talks to buy Informatica, which sent the Club holding's shares plunging. Wells Fargo : Another trim is due for our Wells Fargo position after a great run for the bank stock, Jim argued. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer's, Jim, Johnson, Abbott, Andy Jassy, Bausch, Salesforce, Salesforce didn't, Tom Jorden, We've, It's, Walt Disney, Nelson Peltz's, Bob Iger's, Estee Lauder, there's, Eaton, We're, he's, Locker, he'd, Vimal Kapur, Linde, Eli Lilly, Eli Lilly's, TikTok, Joe Biden, Morgan Stanley, Morgan Stanley's, Ted Pick, Jensen Huang, Nikesh Arora, haven't, Laxman Narasimhan, Sands, Stanley Black, Decker, TJ Maxx, TJX, Wells, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Johnson, Web Services, Broadcom, VMWare, GE Healthcare, GE, Bausch Health, Costco Wholesale, Costco, Street, Informatica, Coterra, DuPont De Nemours, DuPont, Walt, Disney, Ford, GM, Philips, Siemens, Google, Honeywell, Linde, Facebook, Meta, Microsoft, Nvidia, Investors, AMD, Oregon State University, Palo Alto Networks, UnitedHealth, Procter & Gamble, Constellation Brands, Constellation, Modelo, TJX, Marshalls, Home Goods, Wynn Resorts, Jim Cramer's Charitable, New York Stock Exchange, Afp, Getty Locations: China, Informatica, Ford, Estee, U.S, mater, Palo, Corona, Wells Fargo, Wells, Macao, New York City
Olympic luxury packages are already on sale, offering exclusive access to the sporting spectacle, alongside very upscale travel and accommodation experiences. And this year, there’s no bigger sporting event than the Paris 2024 Olympic Games. Tour operator Kensington Tours says it has two clients coming into Paris for the first seven nights of the Games. “Paris presents a wealth of opportunities for luxury travelers to indulge in during the Olympics,” Adto Teppa says. Pierre MonettaTo ensure their clients have access to Paris’ most prestigious hotels, many luxury travel advisers have made blanket bookings at properties across the city.
Persons: cher, Barnabas Carrega, , ” Carrega, ’ Carrega, Ducasse, Alain Ducasse, won’t, They’ll, they’ll, AZA, Angela Adto Teppa, ” Adto Teppa, Palais, Paris, Andrea Galvez, , Galvez, Pierre Monetta, We’ve, Dave Guenter, Crillon, Nicolas De Gols, De Gols, Fraser Yachts, Askari, Patrick Locqueneux, Clément Bru, Charles de Brosses, Cookoon, “ We’ve, ” Bru, Henri Jayer Vosne, Domaine, Conti, de Mars, Simone Biles Organizations: CNN, Paris, CNN Travel, Michelin, Olympic, Kensington, Eiffel, Palais Garnier, Travel, Opera Ballet, Travel Group, Le Bristol Paris, Paris ’, Royal, Raffles, , Royal Monceau’s, Nice, Tahiti, Fraser Locations: Paris, American, Alma, Kensington, Oahu, Hawaii, New York, Rosewood, Le Bristol, Raffles Paris, Marseille, Polynesia, Teahupo’o, Tahiti, Monaco, France, Burgundy
Opinion | Rethinking the Ethics of Tax Deductions
  + stars: | 2024-04-18 | by ( ) www.nytimes.com   time to read: 1 min
To the Editor:Re “Make a Difference This Tax Season,” by Matthew Desmond (Opinion guest essay, April 14):Mr. Desmond is, of course, right that tax rates and tax deductions are heavily skewed to favor the very wealthy. One of the solutions he offers, however, asks the somewhat wealthy to imitate the very wealthy: Take your deduction and give to your favorite charities. That’s how the taxpayers end up subsidizing — through deductible philanthropy — huge bequests to operas, billionaires’ alma maters, vanity art collections and other pet projects. If people just didn’t take the deductions, as Mr. Desmond also proposes, the savings could help fund main government responsibilities like schools, safety, health care and the like. The writer is a professor of sociology at the University of California, Berkeley.
Persons: Matthew Desmond, Desmond, alma, Claude S, Fischer Berkeley Organizations: University of California Locations: Calif, Berkeley
UK Taylor Swift fans have lost over $1.2 million to Eras Tour ticket scams, Lloyds Bank says. Most of the ticket scams targeted 25- 34-year-olds through fake ads on Facebook. AdvertisementIt looks like it's heating up to be a Cruel Summer — at least for Swifties in the United Kingdom seeking Eras Tour tickets. Fans of Taylor Swift have already been scammed out of over $1.2 million trying to purchase concert tickets, mostly through Facebook, according to Lloyds Bank. "For her legion of dedicated Swifties, the excitement is building ahead of Taylor's Eras Tour finally touching down in the UK this summer.
Persons: Taylor Swift, , Liz Ziegler, Swift, Alma Galvan Organizations: Lloyds Bank, Facebook, Service, Swifties, United, Lloyds, Ticketmaster, Business, San Francisco Better Business, ABC, BBB, Facebook Marketplace, Paypal Goods, Services Locations: United Kingdom, United States
Iran and Israel have fought a deadly shadow war for decades. The two enemies have relied on proxy forces, assassinations, and strikes abroad to hit each other. AdvertisementA decades-long shadow war between Iran and Israel has been thrust into broad daylight. Iran's unprecedented attack on Israel last weekend has notably changed the dynamics of this conflict, and it's now more dangerous. Any Israeli military response to the attack risks an all-out confrontation with Iran and could plunge the region into even more violence.
Persons: , Alma al, KAWNAT HAJU, Jonathan Lord, Israel, MAHER, MOUNES, Israel —, Joseph Votel, Votel, Christophe Van Der Perre Israel, Josep Borrell, Maj, Hossein, Lord Organizations: Service, Hezbollah, Getty Images Israel, Pentagon, Business, Islamic Revolutionary Guard Corps, Getty, US Central Command, REUTERS Locations: Iran, Israel, Tehran, Lebanon, Hamas, Gaza, Lebanese, Alma, AFP, Iraq, Syria, Israel's, Hormuz, Iranian, Damascus, Syria's, Arad, Spanish
His skills were passed down and cultivated from generation to generation, prompting two of his grandsons to create a construction company in Tennessee, also called McKissack & McKissack. "My father always took us [to] job sites, took us to the office. Today, it brings in between $25 million and $30 million per year, according to documents reviewed by CNBC Make It, and manages $15 billion in projects with offices in Chicago, Dallas, Los Angeles and Baltimore. She applied for jobs as a federal contractor, getting her foot in the door to work on construction projects at the White House and U.S. Treasury building. Deryl McKissack
Persons: Deryl, Abraham Lincoln, Thomas Jefferson, Moses, Cheryl, McKissack, Moses McKissack, we've, they've, Andrea, William DeBerry Organizations: McKissack, D.C, Smithsonian African American Museum of, CNBC, Howard University, Washington Post, White House, . Treasury, Oxford Locations: Washington, Tennessee, New York, Chicago, Dallas, Los Angeles, Baltimore
AdvertisementUsing 2021-2022 admissions data from the Common Data Set — a College Board Initiative — the report found that selective and private colleges were most likely to use legacy preference in their admissions. The University of Nebraska, for example, offers $14,000 a year for legacy students from out-of-state. Another example is Drake University, which offers a $2,500 per year award to legacy students. Business Insider has previously reported on the precedent continued legacy preference is setting for the future of higher education. AdvertisementMurphy said he's most worried about legacy preference in admissions, and while legacy scholarships might not send the best message, "if every college in the country drops legacy preferences and hold on to legacy scholarships, I'm fine with that."
Persons: James Murphy, who's, Murphy, Leslie Reed, Drake, he's Organizations: Service, Business, Brookings, College Board Initiative, Reform, University of Nebraska, Drake University, Ivy League
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