The Wellesley News

Wellesley reduces endowment spending rate for next three years: Revision protects strength of endowment, but limits funding for W2025

November 20, 2013

By HAILEY LEE ’14 Staff Writer Last month, the Board of Trustees unanimously voted to reduce the endowment spending rate from 4.5 percent to 4.25 percent. This adjustment will decrease how much income...

College 2012 tax returns reveal Provost Shennan earned highest salary and benefits: Returns also show account deficit of $6 million

November 13, 2013

By HAILEY LEE ’14 Contributing Writer The 2011 earnings of the highest paid employees were reported in the College’s most recent tax returns, which cover the 2012 fiscal year from July 1, 2011...

Affordable Care Act expands student access to insurance and benefits, yet will not lower costs for all… College buyers in Massachusetts marketplace may face higher premiums and less coverage than they would with Wellesley student insurance

October 22, 2013

By HAILEY LEE ’14 Contributing Writer With the nationwide launch of the Affordable Care Act (ACA) on Oct. 1, Wellesley students are considering enrolling in the new health insurance exchange market....