2010-11 tuition, room, board and fees announced

Undergraduate tuition at Washington University in St. Louis will be $39,400 for the 2010-11 academic year — a $1,600 (4.2 percent) increase over the 2009-10 current academic tuition of $37,800. The required student activity fee will total $394, and the student health fee will be no more than $580. Barbara A. Feiner, vice chancellor for finance, made the announcement.

Did infectious leverage cause the financial crisis?

Banks and borrowers went on a leveraged consumption binge that led to the financial crisis in 2008 according to Anjan Thakor. And the entire economy is still feeling the hangover pain from the credit-fueled party that caused bank failures and forced foreclosures across the country. Thakor’s new research examines the cycles of leveraged borrowing by banks and consumers as a possible cause of the crisis. His new theory of ‘infectious leverage’ could help prevent future financial meltdowns.

Olin launches executive education programs in Kansas City

Olin Business School is taking its executive education programs on the road and due west on I-70. Destination: Kansas City. Senior faculty will offer the same top-ranked seminars and the 20-month Executive MBA degree program to Kansas City-based professionals as those offered on the St. Louis campus. Olin’s executive MBA program was established in 1983 and has been offered in conjunction with Fudan University in Shanghai, China since 2002. 

Human guinea pigs link pay and risk levels

Human guinea pigs do their homework before volunteering for high-paying clinical trials. New research shows that people equate large payments for participation in medical research with increased levels of risk. And when they perceive studies to be risky, potential participants spend more time learning about the risks and nature of the study. Findings published this month in Social Science and Medicine, suggest there is a “mismatch” between current research guidelines for setting compensation levels and the assumptions participants make about the levels of pay and risk.
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