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PRESIDENT, UNIVERSITY OF RICHMOND, RICHMOND
PRESIDENT, UNIVERSITY OF RICHMOND, RICHMOND
Virginia Business// August 29, 2024//
A labor market economist with a doctorate from Princeton, Hallock joined the private University of Richmond in 2021. One of the school’s long-term goals has been affordability. Need-based aid packages at UR average $60,740 toward the roughly $80,000 annual costs for tuition and room and board.
In September 2023, UR’s Robins School of Business received an anonymous $10 million gift to establish an endowed scholarship fund from an alumnus who worked part time at a grocery store to pay for school, the university announced. Earlier in the year, alumni Carole and Marcus Weinstein donated $25 million to support a student learning center based at UR’s library and focused on “effective speaking, writing and peer tutoring.”
With a student body of almost 4,000 students, 10% of UR’s enrollment is made up of international students representing almost 90 countries.
Before leading UR, Hallock spent 16 years at Cornell University, including as dean of its business college. He also co-founded PayStandards, a software company that assists companies in setting equitable salaries, and continues as a senior adviser there.
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