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BREAKING NEWS

Princeton Among 15 Schools Awarded for Retired-Faculty Support

Princeton University, Wellesley College and the University of Baltimore are among 15 schools awarded grants for their support of faculty transitioning to retirement.

The schools will receive $100,000 each from the Alfred P. Sloan Foundation in conjunction with the American Council on Education, according to a statement released yesterday. The funds will be used by the institutions to further their practices.

The winners work with professors to develop legacies before they stop working, aid in the transition to retirement and help retirees remain engaged in higher education.

The other recipients were Albright College, Carleton College, Mount Holyoke College, Skidmore College, Bentley University, San Jose State University, Xavier University, George Mason University, Georgia Institute of Technology, University of California at Davis, University of Southern California and the University of Washington.

To contact the reporter on this story: Jeanna Smialek in New York at jsmialek@bloomberg.net

To contact the editor responsible for this story: Lisa Wolfson at lwolfson@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Personal Finance Best Sellers From Amazon

Key Rates

  • Mortgage
  • Home Equity
  • Savings
  • Auto
  • Credit Cards
Today’s national average mortgage rates. Rates may include points.
Type Today 1 Mo
30 Year Fixed Jumbo 4.35% 3.99%
30 Year Fixed 4.05% 3.66%
15 Year Fixed 3.15% 2.79%
10 Year Fixed 3.08% 2.89%
30 Year Fixed Refi 4.04% 3.64%
15 Year Fixed Refi 3.14% 2.79%
5/1 ARM 2.87% 2.59%
5/1 ARM Refi 2.86% 2.60%
View rates in your area »

Source: Bankrate.com

Today’s average home equity rates nationwide.
Type Today 1 Mo
$30K HELOC 5.34% 5.34%
$50K HELOC 4.55% 4.56%
$75K HELOC 4.52% 4.57%
$100K HELOC 4.23% 4.27%
$30K Home Equity Loan 5.95% 5.97%
$50K Home Equity Loan 5.97% 6.01%
$75K Home Equity Loan 5.91% 5.97%
$100K Home Equity Loan 5.78% 5.84%
View rates in your area »

Source: Bankrate.com

Today’s average savings rates nationwide.
Type Today 1 Mo
5 Year CD 1.24% 1.23%
2 Year CD 0.70% 0.70%
1 Year CD 0.56% 0.57%
MMA $10K+ 0.46% 0.47%
MMA $50K+ 0.68% 0.69%
MMA Savings Jumbo 0.58% 0.59%
View rates in your area »

Source: Bankrate.com

Today’s average auto loan rates nationwide.
Type Today 1 Mo
60 Months Used Car 2.72% 2.98%
48 Months Used Car 2.70% 2.93%
36 Months Used Car 2.76% 2.89%
72 Months New Car 2.50% 2.43%
60 Months New Car 2.66% 2.54%
48 Months New Car 2.58% 2.45%
60 Months Auto Refi 4.00% 4.15%
36 Months Auto Refi 3.57% 3.61%
View rates in your area »

Source: Bankrate.com

Today’s average credit card rates nationwide.
Type Today 1 Mo
Standard Variable 14.12% 14.12%
Standard Fixed 13.23% 13.23%
Gold Variable 12.70% 12.70%
Gold Fixed 11.99% 11.99%
Platinum Variable 15.55% 15.53%
Platinum Fixed 12.70% 12.70%
View rates in your area »

Source: Bankrate.com