Emerson College’s student newspaper since 1947 • berkeleybeacon.com
Thursday, Nov. 11, 2021 • Volume 75, Issue 11
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Emerson’s endowment balloons amid pandemic
Adminstrators caution returns may not generate more aid, new programs Camilo Fonseca Beacon Staff
Emerson’s investments generated a 32.7 percent return in 2021, indicating a promising future for the college despite the financial pressures of COVID-19. As a result, the college’s endowment fund reached an all-time high of $259.6 million. Having grown from $183.3 million over the course of the fiscal year—a
record $75 million increase—Emerson proved that its financial reserves could not only weather the economic contraction, but could actually thrive. The outbreak of the pandemic in March 2020 saw stock indices decline sharply, drawing fears of a prolonged recession. As it turned out, though, the crash was not permanent—nor did it seriously affect the college’s finances, according to Vice President for Administration and Finance Paul Dworkis. “The market really fell precipitously, as dramatically as one would expect when the economy shuts down,” he said. “But [there was] this ‘V-shaped recovery’: the market falls really fast and
comes back really fast, forming a V.” “The economy doesn’t exactly work that way—although at the time the administration [of then-President Donald Trump] was trying to claim that it would,” he continued. “But the stock market actually did do something like that.” The market’s rebound ensured that the college’s investments weren’t seriously affected, Dworkis said. Indeed, the growth in net assets from this fiscal year, 41.6 percent, stands in stark contrast to the mere 6.8 percent increase between FY2019 to FY2020. Endowment, Pg. 3
Beacon Archives
Dueling protests clash on Boston Common Emerson student turnout soars in 2020 election
Vivi Smilgius, Frankie Rowley & Bailey Allen Beacon Staff The 2020 presidential election saw record-high numbers of Emerson students casting their ballots at the polls or by mail, mimicking the nationwide trend of historic voter turnout, according to a recent study by Tufts University. Emerson was part of a trend of universities nationwide that saw an increase in voter turnout among students. The college reported that more than 76.1 percent of students cast ballots in the November elections, surpassing the national average by over 10 percent. 52 percent reported in the 2016 election cycle—which also saw historically-low levels of voter turnout nationwide. Those elections saw widespread unrest on-campus after the results brought former President Donald Trump to the White House. “You hope for a result like this,” Director of Student Engagement and Leadership Jason Meier said of the 2020 results. Meier, who directed SEAL through taking over the college’s push for voter registration in 2016, said the college employed a series of tactics, such as community-wide emails, in order to get students out to the polls. . As part of the Higher Education Act—a federal law passed in 1998 that governs higher education programs—the college is required to provide students with resources on how to register to vote. “We talked about [voter registration] at orientation, we course],” he said. Turnout, Pg. TK
Beacon Correspondent
Emerson launches ‘cluster hire’ for intersectional studies
INSIDE THIS EDITION
Emerson launches new adversiting campaign Pg. 2 Students express mistrust with new testing model Pg. 3 You shouldn’t shame other people’s kinks Pg. 4 Taylor Swift’s whiteness has buoyed her career Pg. 5 New opera debuts at Cutler Majestic Theatre Pg. 7 33 student-athletes land on all-academic team Pg. 8
68
positive COVID-19 tests
.13 %
positivity rate
53,000+ tests completed
Vivi Smilgius Beacon Staff
A new “cluster hire” initiative at Emerson aims to recruit faculty for newly-created positions in the Visual and Media Arts and Writing, Literature and Publishing departments as well as the Marlboro Institute for InterCourtesy
Emerson Dance Company returns to in-person performing Sophia Pargas After over a year of strictly pre-recorded and live streamed events, Emerson Dance Company is
said on their show’s program. “Within the past year, we have all experienced momentum in different ways: feeling pushed forward, backward, and swung all the way around, but ‘Momentum’ for EDC this semester means moving together
Semel Theater on Saturday with “Momentum,” a show featuring 76 student dancers performing tap, hip hop, jazz, and contemporary numbers. “This semester, our show ‘Momentum’ will be showcasing 14 pieces from our student choreographers who each created different styled pieces all surrounding the theme of momentum,” EDC
2019.” The show features a variety of pieces and is guaranteed to have something for everyone in attendance. Each choreographed dance features its own song choice and personalized costumes to match the energy of the dance. Dance, Pg. 6
Beacon Staff
push towards a more intersectional and interdisciplinary curriculum. ulty members to teach a selection of new classes— all of which will focus on “the intersections of critical race, ethnic studies and women’s, gender, and sexuality studies,” according to the job posting. The cluster hiring process, where a group of staff are hired by a committee of faculty, is an “emerging trend” among universities nationwide, according to the Association of Public and Land Grant Universities. However, the strategy is still somewhat uncommon at Emerson; Cristina Kotz Cornejo, chair of the Visual and Media for the arts school. She credited Dean of the School of the Arts Robert Sabal with its introduction. Kotz Cornejo said that the initiative happened naturally, after Sabal realized that two other departments— Writing, Literature and Publishing and the Marlboro Insimilar positions. Hiring, Pg. TK