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Tuesday February 5, 2019 vol. CXLIII no. 2
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STUDENT LIFE
BEYOND THE BUBBLE
ARIEL CHEN :: PRINCETONIAN STAFF PHOTOGRAPHER
Quadrangle Club president Daniel Pallares Bello ’20 hopes that low-income students will no longer face financial obstacles to club membership.
Quad changes financial aid policy for members By Yael Marans Contributor
Quadrangle Club president Daniel Pallares Bello ’20 recently announced that the club will now guarantee that students on full financial aid will not need to pay any out-ofpocket costs for membership. Pallares Bello hopes that lowincome students will no longer face financial obstacles to club membership. “This year, we have completely upgraded the financial-aid policy to be centered around the student,” Pallares Bello explained over email. “We have shifted to a no out-ofpocket cost policy for students on full financial aid.” Currently, juniors and seniors on full financial aid re-
ceive a certain sum of money from the University to fund their board expenses. Quad pledges to pay the difference between full-year membership dues and these university grants to make membership possible for all upperclass students. Sophomore members on full financial aid will receive $322.50 as a scholarship from the club and will have the option of dropping down from the University’s unlimited meal plan to the Block 190-meal plan. Doing so will allow sophomores to be refunded $277.50 by the University, covering the remaining costs of the $600 sophomore membership dues. “On Dec. 1, I had my first meeting with the graduate board and got approval for a
no out-of-pocket costs policy for full-year dues for students on full financial aid,” Pallares Bello wrote. “On Jan. 12, the board approved my proposal to extend the policy to sophomore dues as well.” Pallares Bello ran for club president on a platform of access and inclusion. The changes to the financial aid system realize his goal of making club membership more affordable. “As someone on full financial aid, I understand how difficult it can be to join an eating club,” Pallares Bello wrote. “Many of us don’t have the $600 to pay a club our sophomore year.” Other club members recognize the significance of the changes to the financial-aid See QUAD page 2
U . A F FA I R S
New cupola, weathervane adorn Nassau Hall
COURTESY OF WIKIMEDIA COMMONS
Cory Booker, the first African-American Senator from New Jersey, has announced his run for president, joining the already-crowded field of Democratic hopefuls.
NJ Senator Cory Booker announces presidential bid By Ben Ball Head News Editor
On Friday, Feb. 1, New Jersey Senator Cory Booker announced he is running for president, becoming the fourth Democratic senator to join the crowded 2020 field. A video Booker released Friday morning made the announcement official, emphasizing collective action on behalf of the American people. “Together, we will channel our common pain back into our common purpose,” Booker said in the video.
At 49, Booker is the youngest Senator to announce a bid for the presidency so far. Booker is the first African-American Senator from New Jersey. Booker also took to Twitter to make the announcement, encouraging his followers to unite with people around shared values. When one Twitter user informed Booker that Trump would “crush [his] soul,” Booker responded, “My soul belongs to God. I fear no man.” The University selected BookSee BOOKER page 2
BEYOND THE BUBBLE
COURTESY OF PUBLIC DOMAIN
Jerome Powell presents the Monetary Policy Report to the Senate Committee on Banking, Housing, and Urban Affairs.
By David Veldran Contributor
By Ezra Zimble Contributor
On Jan. 17, the University Office of Communications announced that the renovations for Nassau Hall’s clock tower had been completed in December, three months ahead of schedule. The scaffolding, which has obstructed the
In Opinion
building since last June, has finally been removed to reveal a brand new cupola adorned with refurbished clocks and a new weather vane. The project included replating the cupola’s rusted copper coat and rehabilitated the old decaying clocks. According to the Communications announcement, this
Senior columnist Liam O’Connor comments on academic departments’ representation in the eating clubs, while Guest contributor Sean Fraga argues that Princeton needs new campus monuments. PAGE 4
was the first major renovation to the clock tower in nearly 60 years. Assistant Facilities director of special projects Alexis Mutschler noted that the most visible change is the copper dome’s new brown color, which sharply differs from the previous dome’s bluish green. “It will take about 20 years to See NASSAU page 3
Federal Reserve chair Jerome Powell ’75 has recently found himself embroiled in a controversy surrounding federal interest rates with President Donald Trump. The two men have sparred pointedly on the topic, largely differing in their approaches to sustaining growth in an economy that is strong but
Today on Campus 12:30 p.m.: The workshop “How to conduct a Literature Review” will cover locating scholarly literature, citation chaining, and synthesis of ideas for psychology and neuroscience students. Princeton Neuroscience Institute Study Hall Level A
not immune to a slowdown in 2019. Powell, who has had experience in private law, banking, and the Treasury Department, has demonstrated a more cautious approach to monetary policy. Powell has repeatedly acknowledged the promising trend of economic growth in the U.S. over the past few years but has also warned of some negaSee POWELL page 3
WEATHER
JONATHAN ORT :: PRINCETONIAN STAFF PHOTOGRAPHER
The renovations for Nassau Hall’s clock tower had been completed in December, three months ahead of schedule.
Federal Reserve chair Powell ’75 clashes with Trump
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Partly Cloudy chance of rain:
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