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Princeton University Professor Angus Deaton Wins Nobel Prize in Economics

Princeton University Professor Angus Deaton has been awarded the 2015 Nobel Prize in economics for his contributions to understanding consumption, poverty and welfare. “The consumption of goods and services is a fundamental part of people’s welfare. The Laureate, Angus Deaton, has deepened our understanding of different aspects of consumption,” the Nobel Committee said. “His research concerns issues of…

Princeton’s Endowment Grows 12.7 Percent, Reaches $22.7 Billion

Princeton’s Endowment Grows 12.7 Percent, Reaches $22.7 Billion

Princeton University’s endowment grew 12.7 percent for the fiscal year that ended June 30, school officials announced today. The endowment value stood at $22.7 billion, about $1.7 billion more than the previous year. Yale University reported that its endowment generated 11.5 percent return for its most recent fiscal year, bringing its value to $25.6 billion….

Memorial Service for Mathematician John Nash to Be Held Oct. 24

Memorial Service for Mathematician John Nash to Be Held Oct. 24

A memorial service for mathematician John Nash, whose intellectual triumphs and struggle with mental illness were chronicled in the book and movie “A Beautiful Mind,” will be held at 6 p.m. on Saturday, Oct. 24, at the Princeton University Chapel. Speakers will include former colleagues, family, friends and a representative of the Norwegian Academy of…

Princeton University Historian Wins MacArthur Genius Grant

Princeton University Historian Wins MacArthur Genius Grant

Marina Rustow, a professor of history at Princeton University, has been awarded a 2015 MacArthur Genius Fellowship. Rustow is among 24 scientists, artists, scholars and activists who each will receive  a $625,000 grant over a five-year period from the John D. and Catherine T. MacArthur Foundation. The MacArthur Fellows Program awards unrestricted fellowships to people…

Former Federal Reserve Chairman Paul Volcker Donates Public Service Papers to Princeton

Former Federal Reserve Chairman Paul Volcker Donates Public Service Papers to Princeton

Paul Volcker, former chairman of the Federal Reserve, has donated his public service papers to Princeton University, where he earned his undergraduate degree in 1949. His papers are now part of the school’s permanent collection. The documents include correspondence, speeches, reports and memos. They are housed in the Seeley G. Mudd Manuscript Library, a division…

Princeton School Board Bans Homework During Thanksgiving, Winter and Spring Breaks
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Princeton School Board Bans Homework During Thanksgiving, Winter and Spring Breaks

The school board for the Princeton Public Schools passed a resolution last night banning homework for both the winter and spring breaks for this academic year. “It’s about time!” was the reaction from many parents in the district, who agreed that students need a true break from school work during major holidays. The resolution points…

Former Princeton University Student Sentenced to Five Years in Prison for Mailroom Drug Shipment
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Former Princeton University Student Sentenced to Five Years in Prison for Mailroom Drug Shipment

A former Princeton University student who was arrested after picking up a packages containing drugs that were shipped to him at the campus mailroom has been sentenced to five years in prison. Julian Edgren, 21, pleaded guilty to multiple drug possession and distribution charges earlier this year. The Princeton High graduate will begin serving his sentence…

Lawrence High School Announces 2015 Athletic Hall of Fame Inductees

Lawrence High School’s 2015 Athletic Hall of Fame inductees will be honored at a dinner on Sat., Oct. 10 at the Mercer Oaks Country Club. Cocktails begin at 5:30 p.m. and dinner is at 6 p.m. The 2015 inductees are: ●Sarah Beaber-Fujioka – 1994 ●Brett Brackett – 2006 ●Vernon Hicks – 2000 ●Christie Icenhower MacDonald…

Lawrence Teachers and School Board Reach Tentative Settlement

Lawrence Teachers and School Board Reach Tentative Settlement

The Lawrence School Board and the Lawrence teachers’ union have reached a tentative agreement for a new contract, school officials announced this afternoon. The agreement comes a few weeks after the Lawrence Board of Education and the Lawrence Township Education Association negotiations teams met with a state-appointed fact finder. Both the union and the school…

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Princeton High Evacuated After Bomb Threat (Updated)

Students and faculty at Princeton High School were allowed to return to the school at about 1:45 p.m. today after police searched the school for a bomb, and that determined the school was safe and a threat phoned into the school was bogus. The main office at Princeton High School received a telephone call just…

Two Princeton Entrepreneurs Pledge $200,000 to Send 10 Princeton High School Students to College
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Two Princeton Entrepreneurs Pledge $200,000 to Send 10 Princeton High School Students to College

Princeton businessman Scott Sipprelle has joined forces with Robert Carr to help send more local kids in need to college. Sipprelle, the president of investment firm Westland Ventures, told Carr, the CEO and Chairman of Heartland Payment Systems, a Princeton-based credit card processing company, he would donate $100,000 to send five Princeton High School students…

Feds: No Evidence Princeton University Discriminated Against Asians

Feds: No Evidence Princeton University Discriminated Against Asians

A review of Princeton University’s undergraduate admission process by the U.S. Department of Education has determined that the school did not discriminate against Asian applicants on the basis of race or national origin. The review was based on information provided by the school following two complaints made in 2006 and 2011. The complainants alleged that…

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Princeton University, Williams College Named America’s Best Colleges by U.S. News & World Report

Princeton University claimed the top spot again in U.S. News & World Report’s latest edition of Best Colleges. The new edition, released today, includes data on nearly 1,800 colleges and features rankings of 1,376 schools. Princeton University is No. 1 in the best national universities category. Williams College once again tops the best national liberal…

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Princeton Theologian Donald Capps Dead at Age 76

Theologian and retired Princeton Theological Seminary Professor Donald Capps died Wednesday night as a result of injuries he sustained in a car crash on Library Place earlier in the day, police confirmed this afternoon. Capps, a beloved professor at the seminary for many years who was known for his kind, calm and gentle spirit, taught…

Princeton University and Coursera Launch Free Bitcoin and Cryptocurrency Course Online

A Princeton University online course called “Bitcoin and Cryptocurrency Technologies” will be offered via online education platform Coursera beginning in September. The Princeton Bitcoin course will last six weeks, with the last lecture on Nov. 1. “To really understand what is special about Bitcoin, we need to understand how it works at a technical level,”…

Princeton Resident Clayton Marsh Named Head of New Independent School in Arkansas

Princeton resident Clayton Marsh, who has served as deputy dean of the college at Princeton University since 2011, will leave the Ivy League school to become the founding head of a new independent school in Bentonville, Arkansas in January. The new school is funded by the Walton Family Foundation,which is led by the children and…

Judge to Institute for Advanced Study: No Construction Prep for Housing Project Until Court Case Decided

Judge to Institute for Advanced Study: No Construction Prep for Housing Project Until Court Case Decided

A Mercer County Superior Court judge today issued a preliminary injunction prohibiting the Institute for Advanced Study from beginning work on new housing for faculty until the court has ruled on a lawsuit regarding the project. Superior Court Judge Mary Jacobson moved up the hearing on the case to September 3, about four weeks earlier…

Council to Hold Closed Session on Lawsuit Challenging Princeton University’s Tax Exemption

Council to Hold Closed Session on Lawsuit Challenging Princeton University’s Tax Exemption

The Princeton Council will hold a closed session at 4 p.m. today, July 6, to discuss the lawsuit challenging Princeton University’s tax exempt status. The meeting will be held in Room A of the municipal building at 400 Witherspoon Street. The council will allot time for public comment before moving to go into closed session….