Founder of Bose Corporation Amar Bose donated the majority of the company's stocks to the Massachusetts Institute of Technology in the form of non-voting shares on April 29, according to an MIT press release. The stocks will be given to MIT as yearly cash dividends used to "sustain and advance MIT's education and research mission," while Bose will continue to act as the company's corporation chairman and technical director, the press release said. The terms of the gift stipulate that MIT is not allowed to sell the stock or take part in the corporation's management. Bose, who completed his undergraduate and graduate studies in electrical engineering at the university and held a professorship at MIT from 1956 to 2001, founded Bose Corporation in 1964, according to the company's website.
Harvard University President Drew Faust discussed the human fascination with war in her 2011 Jefferson Lecture in the Humanities, the government's most esteemed award to honor accomplishments in the humanities, according to The Chronicle of Higher Education. Faust, a renowned Civil War historian, described "the seductiveness of war" in her Monday lecture at the John F. Kennedy Center for the Performing Arts in Washington, D.C., The Chronicle reported. She spoke specifically about the Civil War, which has been heavily romanticized to portray its ultimate purpose as a fight against slavery. Faust also said war stories "tales of glory, honor, manhood and sacrifice" have the power to motivate men in battle and influence soldiers' actions in war, according to The Chronicle.
A study by the Strategic National Arts Alumni Project released May 3 found that most arts graduates find careers and report high levels of satisfaction, despite the common view that arts students are often unemployed and unhappy. The results of the survey, which recorded responses from 13,581 alumni at 154 arts programs, reported that 92 percent of arts graduates are employed and 57 percent are working as or have worked as professional artists, according to Inside Higher Ed. Over 60 percent of graduates described themselves as self-employed, while approximately 14 percent said they started their own business, according to the survey. The survey also found that professional artists are highly dissatisfied with their income. Although more than 75 percent of those surveyed said they would choose to enroll in their schools given the choice again, over half the alumni expressed their dissatisfaction with the career advising provided by their respective art institutions, Inside Higher Ed reported.
