I'm an alumnus of Claremont Graduate School ('86, now called CGU) and I read the papers from Claremont still. (Once you've been there, you'll understand why; it's idyllic.) While looking over CampusNonsense's links to college blogs and conservative papers, I found that Claremont Independent is operating as an alternative conservative newspaper. They report in their December issue (requires Acrobat) that Collage, the largest campus newspaper in Claremont, ran articles under pseudonyms reporting on a Young Democrats group activities. The reporter at CI (who is also the managing editor) believes the pseudonyms are for the editor of the Collage, who is vice-president of the campus chapter and communications director of the state organization. If this turns out to be true, CI believes that Collage is in violation of its 501(c)3 status with the IRS which makes donations to its operations tax-deductible as charitable giving.

I can see using a pseudonym for fiction, and even an opinion piece. But news articles? Maybe I'm missing something here, but I can't see where it would ever be a good idea.