Federal-Reserve
2019-01-25T08:44:15.983Z
The amount of financial aid Columbia offers its incoming undergraduates has nearly doubled since the University adopted a “need-based, need-blind, full-need” approach for Columbia College and School of Engineering and Applied Sciences students in 2008, according to data from the National Center for Education Statistics.
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2018-09-19T04:23:05.768Z
One week after classes began for the fall term, 47 percent of Barnard courses were not in compliance with a federal law mandating that professors list textbook information and retail prices online before students register for classes, a Spectator investigation found.
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2018-04-17T02:47:16.658Z
President Donald Trump has nominated prominent Columbia economics professor Richard Clarida to serve as vice chairman of the Federal Reserve Board, a central position on the Board of Governors of the Federal Reserve.
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2018-02-27T06:12:19.415Z
On Wednesday, a federal judge dismissed a case claiming Columbia University did not adequately respond to a student’s reports of rape.
2017-02-02T01:00:04Z
The federal complaint filed against Columbia last week is the latest in a series of sexual assault-related complaints against universities across the country.
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2016-12-08T18:00:05Z
Five days after a group of students filed a federal complaint alleging Barnard and Columbia are not complying with Title II, Title IX, and the Clery Act, a new report released by the White House on Tuesday could help expedite changes that students are demanding.
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2016-02-20T03:00:06Z
Columbia researchers could soon feel the pain of the government shutdown.
2015-01-12T06:00:02Z
The $10,000 fine levied on WKCR in May will not affect programming this year, after donations from listeners helped the station pay the fine.
The fine was imposed by the Federal Communications Commission for a lapse in the station's recordkeeping between 2001 and 2006.
"Since we were waiting for the fine for six years, we were prepared to handle it," WKCR program director Eric Ingram, CC '14, said.
While listeners' favorite programs will continue uninterrupted, the station has had to cut its budget for external programming, including concerts and parties to celebrate local musicians.
According to WKCR directors, the station's lack of records for this five-year period was caused by a logistical transition, after its transmitter on the World Trade Center was destroyed during the 9/11 terrorist attacks. The station was forced to broadcast temporarily from the roof of Carman Hall, before moving to the Condé Nast Building at 4 Times Square.
FCC spokesperson Janice Wise said that the fine was caused partly by problems with the station's public inspection files, which should include detailed accounts of the station's broadcasts. To help resolve these organizational issues, WKCR hired full-time employee Ben Young in 2003.
"He helps us fulfill the FCC requirements between the WKCR board, operations and engineering, and the department heads," Nico Esguerra, CC '14 and head of WKCR's news department, said. "We truly strive to meet all the requirements. It's the basic foundation for providing good programming for listeners."
WKCR was also forced to end its broadcasting season early last spring to correct a written error in the station's longitudinal and latitudinal coordinates. The coordinates WKCR reported to the FCC reflected the station's location at the time of its initial broadcasting application 60 years ago, rather than its location after the move to Times Square.
WKCR was one of several college radio stations fined last spring. Clark Sprinkel, former manager of Rollins College's WPRK radio station, faced similar troubles in July.
"The fines and FCC policies have a huge impact on college radio stations, because for most radio stations, it costs a lot of money just to run," Sprinkel said.
The FCC's system is unfair, he said, because when deciding the fine, the commission does not differentiate between college stations and commercial ones.
"If a radio station can't pay that much, they normally reduce the fines. But, for colleges, they look at the overall amount of the school's money, which is plenty, so the fines are higher," Sprinkel said. "The fine doesn't serve any purpose and only take funds out of educational institutions."
Like WKCR, Rollins College in central Florida had to pay the full $10,000 fine—significantly more than the $3,000 WKCR would have paid when the missing documents were first discovered in 2006.
"The FCC has been giving very large fines to small radio stations," Ingram, WKCR's program director, said. "A few years ago, the fine would have been $3,000, but since then it's dramatically increased to $10,000."
Ingram said that WKCR was well enough established to handle the penalty, since WKCR has a much wider audience than most radio stations run by college students.
"What happened with the FCC was unfortunate, but I'm lucky that we have enough structure and history that we were able to come away from the penalty so smoothly. Otherwise, it would have been very demanding for a typical college radio station," Ingram said.
Esguerra is determined to keep detailed records and mentor his successors until the FCC's next scheduled inspection in 2014.
"It's strange that we have to face such a large impact on the current budget for something done six years ago," Esguerra said. "It's definitely a harsh lesson, and we're really trying to be on top of everything going forward. I doubt that this will happen again."
news@columbiaspectator.com
... The fine was imposed by the Federal Communications Commission for a lapse in the station's recordkeeping between 2001 and 2006.
"Since we were waiting for the fine for six years, we were prepared to handle it," WKCR program director Eric Ingram, CC '14, said.
While listeners' favorite programs will continue uninterrupted, the station has had to cut its budget for external programming, including concerts and parties to celebrate local musicians.
According to WKCR directors, the station's lack of records for this five-year period was caused by a logistical transition, after its transmitter on the World Trade Center was destroyed during the 9/11 terrorist attacks. The station was forced to broadcast temporarily from the roof of Carman Hall, before moving to the Condé Nast Building at 4 Times Square.
FCC spokesperson Janice Wise said that the fine was caused partly by problems with the station's public inspection files, which should include detailed accounts of the station's broadcasts. To help resolve these organizational issues, WKCR hired full-time employee Ben Young in 2003.
"He helps us fulfill the FCC requirements between the WKCR board, operations and engineering, and the department heads," Nico Esguerra, CC '14 and head of WKCR's news department, said. "We truly strive to meet all the requirements. It's the basic foundation for providing good programming for listeners."
WKCR was also forced to end its broadcasting season early last spring to correct a written error in the station's longitudinal and latitudinal coordinates. The coordinates WKCR reported to the FCC reflected the station's location at the time of its initial broadcasting application 60 years ago, rather than its location after the move to Times Square.
WKCR was one of several college radio stations fined last spring. Clark Sprinkel, former manager of Rollins College's WPRK radio station, faced similar troubles in July.
"The fines and FCC policies have a huge impact on college radio stations, because for most radio stations, it costs a lot of money just to run," Sprinkel said.
The FCC's system is unfair, he said, because when deciding the fine, the commission does not differentiate between college stations and commercial ones.
"If a radio station can't pay that much, they normally reduce the fines. But, for colleges, they look at the overall amount of the school's money, which is plenty, so the fines are higher," Sprinkel said. "The fine doesn't serve any purpose and only take funds out of educational institutions."
Like WKCR, Rollins College in central Florida had to pay the full $10,000 fine—significantly more than the $3,000 WKCR would have paid when the missing documents were first discovered in 2006.
"The FCC has been giving very large fines to small radio stations," Ingram, WKCR's program director, said. "A few years ago, the fine would have been $3,000, but since then it's dramatically increased to $10,000."
Ingram said that WKCR was well enough established to handle the penalty, since WKCR has a much wider audience than most radio stations run by college students.
"What happened with the FCC was unfortunate, but I'm lucky that we have enough structure and history that we were able to come away from the penalty so smoothly. Otherwise, it would have been very demanding for a typical college radio station," Ingram said.
Esguerra is determined to keep detailed records and mentor his successors until the FCC's next scheduled inspection in 2014.
"It's strange that we have to face such a large impact on the current budget for something done six years ago," Esguerra said. "It's definitely a harsh lesson, and we're really trying to be on top of everything going forward. I doubt that this will happen again."
news@columbiaspectator.com
2014-11-19T14:00:03Z
The Columbia Fed Challenge team's investments paid off this weekend with the team coming in third in the Federal Reserve Bank of New York's annual economic challenge—the first time Columbia has made it to the finals in a district competition.
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2014-11-08T16:25:04Z
The ongoing federal government shutdown could be detrimental to Columbia if it lasts a significant amount of time, a top administrator told the University Senate on Friday.
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