Yale’s President Announces He Will Step Down

Peter Salovey, the president of Yale (CT), announced Thursday that he will step down in June after 11 years in office, during which he increased the university’s endowment, student enrollment, and its racial, ethnic and economic diversity. This month, the university announced that its entering class was one of its largest ever — 22 percent of students were eligible for federal Pell Grants for low-income students, and 21 percent were the first in their families to go to college. In Dr. Salovey’s last year as president, elite colleges will confront a new admissions landscape.