Harvard has lost extraordinary amounts of money. Harvard will survive, but the question is what this signals for other non-profits that cannot absorb these types of losses.
Harvard today announced that its endowment had dropped by 22% or $8 billion. The loss is greater than the total endowments of all but 4 universities. This marks the popping of one of the last...
Harvard said it was providing free tuition to middle class students and tuition goes through the roof. Good luck to everyone who wants to attend. Keep up your grades.
The press recently reported on the amazing returns of Harvard and Yale. I think that both grew their endowments by 25-26% in the last 12 months which is extraordinary in any environment. Roger...
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