2A - Wednesday, November 26, 2014 The Michigan Daily - michigandaily.com 4 ------ - ------ 420 Maynard St. Ann Arbor, MI 48109-1327 www.michigandaily.com PETER SHAHIN DOUGLAS SOLOMON Editor in Chief Business Manager 734-4s8-4y15 ext. 1251 734-418-4115 ext 1241 pjshahin@michigundailycom dourgsolo@michigandailyeom HEALING SPACE Amid scandal, UVA students speak Student leaders at the Univer- sity of Virginia held a press con- ference Monday to address media attention that has placed the uni- versity's sexual assault response procedures under heightened scrutiny, The Cavalier Daily reported Monday. A recent Rolling Stone article, profiling a sexual assault survi- vor within the school's Greek Life community catalyzed the press conference. "We recognize that sexual vio- lence is a problem in our fraterni- ties and we recognize that we as students can be catalysts for the solution," Interfraternity Council President Tommy Reid stated dur- ing the press conference. Georgetown student organiza- tions receive financialsupport Ninety-eight student organi- zations requested a combined $350,000 at Georgetown Universi- ty's Student Activities Commission summit, The Hoya reported Tues- day. The SAC allocated $146,000to the groups. SAC Chair Patrick Musgrave estimated that the groups request- ed $300,000 at the previous sum- mit and there was an obvious increase between the two years. "The fundamental flaw ofSAC is that the more you ask for the more youget,"Musgravesaid."We'renot subjective, really, we follow very objective funding procedures." AMANUA ALLtN/Daily Kinesiology junior Capri'Nara Kendall soeaks at a Healing Space created by BSU to discuss issues of race in Angell Hall Tuesday. e WO mic tl an at ya m CAMPUS EVENTS & NOTES SPO RT S Basketball BY LEY FACHER N D MHealthy MTango Avatar Movie stressbreak beginners BY JACOB RICH PSU senior earns Marshall Scholarship honors Ryan Henrici, a Pennsylvania State University student, is the recipient of the prestigious Mar- shall Scholarship, a program that allows students to study in the United Kingdom, The Penn State News reported Monday. Henrici, an Honors College senior, will study malaria at the London School of Hygiene and Tropical Medicine, a subdivision of the University of London. Ruth Mendum, director of the University Fellowships Office at Penn State, stressed the value of the scholarship. - CARLYNOAH TH REE T HINGS YOU SH OULD KNOW TODAY Police arrested 61 pro- testers in Ferguson, Mis- souri last night, The St. Louis Post-Disatch reported Tuesday. Many protesters smashed windows and set buildings and police cars on fire. Police threw tear gas to disperse the crowds. s This week, The Statement Magazine looks at the culture of student activismas it becomes increasingly dependent on digital and social media on college campuses across the country. * FOR MORE, SEE STATEMENT, PG. 1B Florida high school studentAlexa Nicole De Armas was arrested for human trafficking of minors and running a prostitution ring, The Florida Herald- Tribune reported Tuesday. Police say she organized at least three prostitution deals. 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NEWS VIDEO Fire's burnin' BY WILL GREENBERG The city of Ann Arbor has filled its vacant fire chief spot with Larry Collins. He previously was the Bre- vard County Fire-Rescuse chief from 2009 to 2014 in Florida. He also served 30 years with the Dayton Fire Department. The position. has been vacant since Jan. Protest report BY KAYLLA CANTILINA Students and commu- nity members protested the grand jury's decision on Fer- guson, MO yesterday. Sever- al student organizations and individuals gathered at the Diag and then marched to City Hall, where some advo- cated for peacable protests and social change. WHAT: Students can take a stress break and relax by listening to music and learning about science. WHO: University Human Resources WHEN: Today from 3:30 p.m. to 4 p.m. WHERE: Museum of Natu- ral History Planetarium Brown Bag recital WHAT: Local musicians Andrew Meagher and Kathy Ball will perform organ solo music. The musicians will perform music by Bach, Purcell and Vivaldi, among others. WHO: School of Music, Theatre & Dance WHEN: Today at 12:15 p.m. WHERE: School of Public Health Building, Community Room WHAT: MTango will offer beginners an intensive class in Argentine tango. No part- ner or prior experience is needed. WHO: MTango, Maize Pages Student Organization: WHEN: Today from 8p.m. to 9:30 p.m. WHERE: Mason Hall Workout WHAT: Student organi- zation REVIVE inviting students to partake in the Insanity Workout. WHO: REVIVE, Maize Pages Student Organiza- toins WHEN: Today at 8:30 a.m. WHERE: Central Campus Recreation Building CORRECTIONS . Pleasereportanyerror insthe Dailygto correc- tions@michigandailycom, SENIOR NEWSEDITORSIanDillingham, Sam Gringlas,WillGreenberg,Rachel Premack and StphnfiShenouda ASSISns NE WSITORS: Allana Akhmr, Neal Berkowski, Claire Bryan, Shoham Geva, Amabel Karoub, Emma Kerr, Thomas McBrien, Emilie Pesset, Michael Sugerman and Jack Turman Megan McDonald and Daniel Wang EditorialPage Editors opinioneditors@michigandaily.com SENIOREDITORIAL PAGE EDITORS: Aarica Marsh and Victoria Noble ASSISTANT EDITORIAL PAGE EDITORS: Matthew Seligman and David Harris Greg Garnoand Alejaodro Zitiga Managingsports Editors sportseditors@michigandaily.com SENIOR SPORTS EDITORS: Max Cohen, Alexa Dettelbach, Lev Facher, Rajat Khare, Jake Lourim and Jeremy Sumt ASSISTANT SPORTS EDITORS: Max Bultman, Minh Doan, Daniel Feldman, Simon Kaufman, Erin Lennon, Jake Lourim and Jason Rubinstein lohntynch and jplynch@michigandaily.com AkshaySeth ManagingArtsEditors akse@michigandaity.com SENIOR ARTS EDITORS: Giancarlo Buonomo, Natalie Gadbois, Erika Harwooxdand SSSANT ARTS EDITORS: JamieBircoll, JacksonHoward,GilianJakab and Maddie Thomas Teresa Mathew and Paul Sherman ManoagingPhototdtres photo@michigandaily.com SENIR OTeOEORsSroos so Farrad ad Rby Wllim ASSSTANc POO DIOS:L n naArchy Vrgina Lozano, Carolyn Gearig and GabrielaVasquezManagingDesignEditors design@michigandaily.com SENIORDESIGNEDITORS:AmyMackensandAliciaKovalcheck Carlina.Duan Magazine Editor statement@michigandaily.com DET MAGAHINEE DTORS: MaxRadwin and Amrutha Sivakumar STATEMENTsPOOsEDIOR: RubnWallau STATEMENT LEAD DESIGNER: Amy Mackens Mark Ossolinski and Meaghan Thompson Managing Copy Editors copydes@michigandaily.com SENIOR COPY EDITORS: Mariam Sheikh and AlishaQiu Austen Hattord OnlinetEditoe ahuafford@ninlhigasdaily.con VIEOEDITORS Paula Friedich and James ReslierWellscignaiy~o SOCIAL MEDIA EDITOR: Brianne Johnson BUSINESS STAFF Madeline Lacey University Accounts Manager Ailie Steir classified Manager Simonne Kapadia Local Accounts Manager Lotus An National Accounts Manager Olivia ones Production Managers Nolan Loh Special Projects Coordinator Jason Anterasian FinanceManager a s Panel discusses social science research Experts talk open data, information sharing among researchers By QUAN NGUYEN Daily StaffReporter Emphasizing the impor- tance of open access to data, three University professors discussed the future of social science research in a panel held in the Hatcher Graduate Library on Thursday. The panelists invited to present their suggestions included Psychology Prof. Nick Ellis, Assistant History Prof. Michelle McClellan and History Prof. George Alter. Ellis, who is also an editor for the Language Learning Journal, discussed the pub- lication's negotiations with Wiley, it's publisher, to enable more hon-Wiley subscribers to obtain access to research methods and data reports of past social science research projects. "Wiley is more interested in the business model than they are in making us open around the world," he said. "We have negotiations with them about them subsidizing republica- tion and re-issue in China and India.Itis an interestingnego- tiation." Similarly, Alter concen- trated on research trans- parency throughout the majority of his presentation due to his position as the director of the Inter-univer- sity Consortium for Political and Social Research. He said promoting research transpar- ency would resolve some of the most frequent criticisms directed toward research- ers. Common problems derive from research that is difficult to replicate, fraudulent cases and projects incentivized by profit. He said the ICPR must first earn the trust of data produc- ers and the public, and provide documentation about where and how data is created. Alter added that even though Congress and other national agencies have recent- ly expressed support for data transparency for federally funded projects, data restric- tions are still an obstacle for many researchers due to pri- vacy concerns. He also credited the new form of data to the growing forms of technology such as Facebook, smartphones, Twit- ter, hospitals' online archives of patients' histories and even credit card transactions. Alter concluded his presenta- tion anticipating how social research projects will search for new ways to strike a bal- ance between private and open data. While both expressed trans- parency as a pillar for suc- cessful future social science research projects, McClellan targeted her speech toward transparency between pro- =fessionals of different disci- en's Studies Prof. Beth Glover Reed, on gender and addiction. She specializes in alcoholism in women. As a veteran interdisciplin- ary researcher, McClellan advised the audience to "undo" their past understandings and avoid assumptions when team- ing up with researchers from other disciplines. She humor- ously recalled how she once mistakenly thought the testing subjects were humans because Becker referred to lab rats as simply male and female. "Not only we did not know what we were talking about, (but) in some way, it is even more dangerous because we thought we knew what we were talking about to one another," she said. In an interview with The Michigan Daily, McClellan said she wants to incorporate social science knowledge into natural science research to alleviate public confusion over the results scientists present in their findings. "We are trying to publish something in the scientific journal that says trying to pay attention to the context of how your ideas are being under- stood," she said. ENDOWMENT From Page 1A individual donations depends on the donor. "For example, having just talk- ed with development, we know that, toward that $1 billion goal for student support, donors have given about $400 million so far, so almost halfway to that goal," Fitzgerald said. "Most of that is donations that are gifts that will go into the endowment, so that they'll be invested." Donations outside that fundrais- ing push may be invested directly into specific projects, such as Uni- versity alum Charles Munger's $110 million donation, which allo- cated money for the construction of graduate student housing. Castilla and Fitzgerald said, on average, the University spends 4.5 percent of investment proceeds, leavingthe rest to grow the endow- ment. As to why the endowment has grown so quickly, even in just the last year, Castilla said it's a matter of compensating for the decrease of public funds. "Once upon a time, many decades ago, the University of Michigan was mainly funded by the state," Castilla said. "The composition of that funding has changed over time. Everybody knows that the state has cut back on funding over time, but the cost of giving an education has gone up also." The state of Michigan provides 16 percent of the University's general fund budget, according to University budget reports. In comparison, it was 78 percent in 1960, so the drop has provided the impetus for the need to expand the endowment, raise tuition and encourage donations. As recently as 1990, tuition and fees and state support provided equal contributions to the Univer- sity. For this reason, expanding the endowment has been critical for funding all facets of the Univer- sity. Fitzgerald said if the endow- ment didn't grow, costs like tuition would increase at higher rates. Some might say the constantly expanding endowment is a sign that the University operates like a private company, rather than a non-profit, public educational institution. Fitzgerald said the opposite is true. "It's really acting like a prudent investor for the funds that have been provided by the donors," Fitzgerald said. "And we want to maximize those donor dollars to do the most good across campus for the educational benefit of our students as possible." Castilla also underlined that, while the University has the high- est endowment of any public insti- tution, it's 94th on a per-student basis. "One thing to keep in mind, and a lot of people don't realize, but I think it's really important to understand ... although the dollar amounts seem very large, the Uni- versity is so large that if you look at it on a per student basis, we're really only roughly speaking about the 100th largest endowment in the country," Castilla said. The investments, Part I: Private equity and strategies Beyond the role and meaning of the endowment, a quick glance at the investment report doesn't nec- essarily articulate how the Univer- sity invests its money. The firms listed in the longterm portfolio are scattered across the nation and globe, though many seem to be in Palo Alto, New York and China. Adding to this confu- sion is that the companies are all focused in capital, management and equity, not typical "stocks." That's because they're not stocks at all. Castilla highlighted that the University never directly invests in individual stocks, bonds, mutual funds and other types of properties. Instead, its system of invest- ing has numerous layers, and the easiest way to explain the format is that the Investment Office gives money to other firms to invest on the University's behalf. "What we do is we pick man- agers in certain sectors," Castilla said. "We give them pieces of the endowment, and then they make the specific investments." "We're saying, here's some U of M money; you invest it in these kinds of companies that you're really good at investing," Fitzger- ald said. "All of these companies that are listed in the report are investment companies that work See ENDOWMENT, Page 3A .. ------.- - Uplines and the public. McClellan is currently collaborating with Jill Beck- er, professor of psychology and psychiatry, and Wom- HAPPY THANKSGIVING FROM THE MICHIGAN DAILY EAT TURKEY AND MASHED POTATOES FOLLOW US ON TWITTER @MICH IGANDAILY I 1