The Daily Tar Heel

Serving the students and the University community since 1893

Monday January 17th

Kate Carroll


News

'Operating in a state of fear': Faculty petitions for 4-6 weeks of remote instruction

As cases of the COVID-19 delta variant rise, faculty and staff petition administrators to shift to temporarily remote learning. Titled “The Risks are Too High,” the open letter expresses concern surrounding the University’s lack of planning for an off-ramp option without a vaccine mandate or enforcing physical distancing on-campus. “I am appalled at the lack of planning for this semester," former sociology professor and petition signee Sherryl Kleinman said in a statement. "The delta variant clearly puts students, staff, faculty and surrounding communities at risk. With ICUs filling, people with serious illnesses that aren’t COVID-related will have trouble finding beds."  

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News

Here's why UNC's $3 billion endowment can't all be used for COVID-19 relief

University leaders explain what the UNC endowment is and how its funds are being used in light of the pandemic.  The UNC endowment had a market value of over $3 billion in the 2019 fiscal year, leading some to see it as a possible lucrative source of funding for students and community members struggling financially during the pandemic.  Endowment funds are collected from various donors and invested by a team at the UNC Management Company, which is composed of a board of business leaders, investment experts and University leaders who make decisions on how to monitor and invest donations. Senior Associate Vice Chancellor for University Development Cynthia Butler said that only a small percentage of the value of endowment funding is available for liquid use. 

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The Daily Tar Heel for December 1, 2021

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