BOSTON (AP) — Boston University President Robert A. Brown said Wednesday he would step down at the end of the current academic year, ending an 18-year term in which the school became a member of the prestigious Association of American Universities, more than quadrupled its endowment, and developed new interdisciplinary programs.
“My longevity in the position and the natural rhythms of college have led me to the conclusion that it is time for me to step aside and for new leaders to take the helm,” Brown said in a letter to the community. from campus.
He plans to take a year off and then resume teaching at the university’s college of engineers.
As BU joined the AAU, an organization of top research universities in the United States and Canada, and the endowment grew from around $700 million to $3 billion, Brown said he was most proud of making private schooling more affordable and diverse.
“Of all our accomplishments, I am most proud of our strong commitment to financial aid based on the needs of undergraduate students and its impact on the diversity of our student population,” he wrote.
The school has about 36,000 students, and the cost of undergraduate attendance this school year is nearly $83,000, according to the school’s website. It traces its roots to 1839 and moved to Boston in 1867.
Brown, 71, is from San Antonio, Texas, and holds an undergraduate degree in chemical engineering from the University of Texas and a doctorate in chemical engineering from the University of Minnesota. He became BU’s 10th president in 2005.
The leaders of several other prestigious New England universities, including Harvard, Dartmouth and the Massachusetts Institute of Technology, announced their intention to withdraw this year.
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