12/17/22 - Weekend Listening from Intercontinental Exchange
Our guest this week: Yale President Peter Salovey
For high school seniors with an eye toward entering college next fall, this week bought a mix of triumph and anguish.
At many of America’s top colleges and universities, Thursday was D-Day for students participating in the binding ‘early decision’ or non-binding ‘early action’ process. Acceptance puts a senior on a glide path for the reminder of their high school experience. Deferral or rejection continues the nail-biting uncertainty until April.
For their part, Harvard University and Yale University don’t participate in early decision, but they do offer early action. Their initial Class of 2027 statistics were issued within minutes of students learning their fate.
The Harvard Crimson and the Yale Daily News jumped on the breaking news. This week, Harvard accepted 722 students to the class from a pool of 9,553 who applied. A short drive down Interstate 95 in New Haven, Yale offered 776 early action candidates a slot in its class out of 7,744 applicants. It was Yale’s lowest early acceptance rate in 20 years.
But another Daily News story out of New Haven is Yale’s effort to help send a dozen seniors from local public schools to Historically Black Colleges and Universities.
Earlier this week, Yale President Peter Salovey announced the Pennington Fellowship which grants $20,000 to each awardee destined for an HBCU. The program, responding to a finding that Yale coordinated with government officials to block construction of a college for Black students in New Haven in 1831, comes on top of $5 million of annual funding from Yale for local students under its New Haven Promise program.
President Salovey and I dug deep into Yale’s interwoven relationship with its host city, New Haven, on this week’s edition of Inside the ICE House.
The view from New Haven:
Yale President Peter Salovey Prizes New Haven Far Beyond its Prized Pizza Yale University President Peter Salovey leads the iconic 321-year-old institution situated in a city, New Haven, founded 50 years earlier, with which it remains increasingly interconnected. President Salovey talked to us about his academic career, new developments and initiatives at the school, the rivalry with that other school in Cambridge, Mass., and why Yale is committing a $140 million pledge to maintain New Haven’s vibrancy well in the 21st Century.
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