<p>Here are some interesting excerpts from an article in the GWHatchet:</p>
<p>“Administrators said they are monitoring the economic crisis carefully and are making adjustments like boosting financial aid, but GW will not freeze salaries - as Brown and Cornell University have done - or defer upcoming construction projects - a move advocated by presidents of Dartmouth College and Harvard…Instead, the University recently hired 60 new full-time faculty members this fall…the school will continue to offer pay raises for both professors and administrators and has no plans to alter its construction schedule… the University is considering hiring more faculty members than usual because the action in D.C. can attract more professors…Washington is becoming more of a hub than ever, which means we will be able to hire faculty now…the Washington economy is really different…Good times and bad, consultants make money here and the federal government is not going to go out of business…GW’s traditionally strong political science and international affairs programs, finance and international business programs may also draw prospective students to the school…The world money capital is now Washington…GW is one of the largest landowners in D.C. after the federal government and two to four million square feet of office space will be needed in the coming years as more bureaucracies form around Washington…Property is increasing in value.”</p>
<p>“I think we will exit this crisis as a stronger institution than when we came in,” Katz said.</p>