Media Advisory: Washington University Commencement is Friday, May 20

Washington University’s 150th Commencement begins at 8:30 a.m. Friday, May 20, in Brookings Quadrangle, directly west of Brookings Hall. The university will award 2,843 degrees to 2,719 undergraduate, graduate and professional students. The university also will bestow honorary degrees on five individuals, including the Commencement speaker, Nobel laureate and Holocaust survivor Elie Wiesel.   

Olin B-school students tour fashion capitals to study luxury goods market

Coco Chanel never took a marketing class, but she’s helping teach one this semester at Olin Business School, Washington University in St. Louis. Students in the new course, “Luxury Apparel-Marketing B53” are examining case studies of brands that make up the $237 billion industry that has its roots in Chanel’s famous perfume and little black dress.

Media Advisory

Under Secretary of the Army Joseph W. Westphal, PhD, will preside over the 93rd annual Army ROTC Commissioning Ceremony at Washington University at 2 p.m. Friday, May 13. The ceremony in which 17 cadets will become commissioned officers in the U.S. Army, Army Reserve or Army National Guard will be held at Tisch Commons in the Danforth University Center, 6475 Forsyth Blvd., on WUSTL’s Danforth Campus. Westphal will also deliver a talk on leadership and the future of the Army and attend a reception for the new lieutenants and their families.  

The birther issue: A Constitutional look

President Barack Obama released his birth certificate on April 27, but “birther” arguments continue. Election and constitutional law expert Gregory Magarian, JD, professor of law at Washington University in St. Louis, says that Obama clearly meets the constitutional qualifications to hold his office. Magarian discusses various situations where “natural born citizen” (as required by Art. II, sec., 1 cl. 4 of the Constitution) may come into question during a presidential election.

‘Chained COLA’ is the stealth Social Security benefit cut

Social Security’s yearly cost-of living adjustments (COLA) are targeted for reduction through a proposed “chained COLA” formula, and that could be a huge problem for those dependent on Social Security income. “COLA is an invaluable feature of Social Security,” says Merton C. Bernstein, LLB, a nationally recognized expert on Social Security. According to Bernstein, Republican “reformers” propose to reduce COLA claiming that the current method of calculating it overstates inflation. “This unrealistically assumes that people have the opportunity to buy lower priced substitutes when millions of people lack access to markets that offer such choices,” he says.

Bernanke fails to address key issues, WUSTL economist says

Despite all the “irrational exuberance” April 26 surrounding the first-ever news conference conducted by a Federal Reserve bank chair, the issues that Chairman Ben Bernanke chose to dance around were equally unsurprising as those he managed to address, says Michele Boldrin, PhD, the chair of the Department of Economics in Arts & Sciences at Washington University in St. Louis.

Arts & Sciences’ Competitive Fellowship Leave program ‘dramatic change for the better’

Gary S. Wihl, PhD, dean of the faculty of Arts & Sciences and the Hortense and Tobias Lewin Distinguished Professor in the Humanities, recognized the challenges faculty were having in accepting some of the more prestigious and highly competitive fellowships and last year instituted a Competitive Fellowship Leave program, which allows humanities and social sciences faculty members to minimize the unintended negative consequences of accepting competitive fellowships.

Food price crisis can lead to deteriorating nutrition

As fuel prices soar, food prices are beginning to creep up to crisis levels most recently seen in 2007. “Coupled with the financial crisis, high food prices can take a significant toll on nutrition, especially in developing countries,” says Lora Iannotti, PhD. “The same consequences can be true for wealthier countries, as households opt for less expensive, poor quality foods. Hidden hunger is a problem across the globe.”

Kids with savings accounts in their name six times more likely to attend college

Evidence supporting the link between savings and college success is growing. Three studies out of the Center for Social Development (CSD) at the Brown School at Washington University in St. Louis offer a connection between assets and college enrollment and completion. “This research underscores the importance of policies and programs that help Americans of all income levels to save for college,” says Margaret Clancy, policy director and College Savings Initiative director at CSD. In a study forthcoming in the Journal of Children and Poverty, CSD researchers found that among youth who expected to graduate from a four-year college, those with a savings account in their name were approximately six times more likely to attend college than those with no account.  

Growing unrest leads Chinese authorities to turn against formal law

In the late 20th century, Chinese authorities enacted sweeping legal reforms, but in recent years, officials have stepped back from these reforms in the face of increasing citizen protests and concerns about social stability. “Horrified by the chaos of the Maoist era, Chinese authorities rebuilt their legal system in the 1980s and 1990s,” says Carl Minzner, JD, leading expert on Chinese law and politics and associate professor of law at Washington University in St. Louis. Now Chinese Party and court authorities have begun to move away from the reform track of the last several decades, reasserting tighter control over the Chinese judiciary, restricting the activities of public interest lawyers, and resurrecting earlier mediation practices.
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