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====Hurricane Katrina==== {{Main|Effect of Hurricane Katrina on Tulane University}} [[File:Tulane Freeman School of Business interior.jpg|thumb|Main hall at the Freeman School of Business]] As a result of [[Hurricane Katrina]] in August 2005 and its damaging effects on New Orleans, most of the university was closed for the second time in its history—the first being during the [[American Civil War|Civil War]]. The closing affected the first semester of the school calendar year. The School of Public Health and Tropical Medicine's distance learning programs and courses stayed active. The School of Medicine relocated to [[Houston]], [[Texas]] for a year. Aside from student-athletes attending college classes together on the same campuses, most undergraduate and graduate students dispersed to campuses throughout the U.S. The storm inflicted more than $650 million in damages to the university, with some of the greatest losses impacting the [[Howard-Tilton Memorial Library]] and its collections.<ref>{{Cite web |url=https://tulane.edu/news/releases/pr_071510.cfm |title=Tulane University - Sources for News Coverage of Hurricane Katrina's Fifth Anniversary |access-date=April 9, 2014 |archive-url=https://web.archive.org/web/20140413133433/https://tulane.edu/news/releases/pr_071510.cfm |archive-date=April 13, 2014 |url-status=live }}</ref> Facing a budget shortfall, the Board of Administrators announced a "Renewal Plan" in December 2005 to reduce its annual operating budget and create a "student-centric" campus. Addressing the school's commitment to New Orleans, a course credit involving [[Service-learning|service learning]] became a requirement for an undergraduate degree. In 2006 Tulane became the first Carnegie ranked "high research activity" institution to have an undergraduate public service graduation requirement.<ref>{{cite web |url=http://tulane.edu/cps/about/graduation-requirement.cfm |title=Public Service Graduation Requirement |publisher=Tulane.edu |date=July 8, 2010 |access-date=April 11, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20120402001616/http://tulane.edu/cps/about/graduation-requirement.cfm |archive-date=April 2, 2012 }}</ref> In May 2006, graduation ceremonies included commencement speakers former Presidents [[George H. W. Bush]] and [[Bill Clinton]], who commended the students for their desire to return to Tulane and serve New Orleans in its renewal.<ref>{{Cite news|url=http://www.cbsnews.com/pictures/commencement-2006/4/|title=Commencement 2006|date=May 22, 2006|access-date=June 1, 2017|language=en|archive-url=https://web.archive.org/web/20170902094513/https://www.cbsnews.com/pictures/commencement-2006/4/|archive-date=September 2, 2017|url-status=live}}</ref><ref>{{Cite web|url=https://www2.tulane.edu/grads/speakers-william-clinton.cfm|title=Tulane University - 2006 Speaker - William J. Clinton|website=www2.tulane.edu|language=en|access-date=June 1, 2017|archive-url=https://web.archive.org/web/20150530054540/http://tulane.edu/grads/speakers-william-clinton.cfm|archive-date=May 30, 2015|url-status=live}}</ref>
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