Tuesday, November 11, 2008

Harvard Not So Well Endowed Anymore

Harvard's $40 billion endowment is getting clobbered. The Ivy League school faces "unprecedented endowment losses," as its investments decline and its alumni get poorer. The school will keep many of its programs intact, such as allowing students from low income households to attend free of charge. It's just going to tighten its belt, like everyone else.

I've got no real insight or value to add to this story, I just really wanted to write that headline!

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