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.
Tuesday, November 11, 2008
I've got no real insight or value to add to this story, I just really wanted to write that headline!Sphere: Related Content