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At the end of his article on the difficult times facing academic medical centers ("Unhealthy Hospitals," March-April, page 29), David...

At the end of his article on the difficult times facing academic medical centers ("Unhealthy Hospitals," March-April, page 29), David Blumenthal said that the nation's universities "might never have entered the medical business if they had known what lay in store." A presumably apocryphal story is applicable: In a hallway somewhere at the Council on Higher Education hang portraits of all the Ivy League presidents. The only one who is smiling is the president of Princeton, and the reason is that Princeton is the only Ivy League university that does not have a medical school.

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Harvard Financial Report Surplus

The annual financial report also documents endowment changes.

Harvard Endowment Increases $11.3 Billion and University Operates at a Surplus

A 33.6 percent return on endowment investments, as expense controls and donor support buoy the budget in an unprecedented year

On Firmer Footing

Robust financial results despite the pandemic, and historic endowment returns

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Colorful illustrated map of Colonial Cambridge and the Harvard College campus featuring buildings of the campus, houses, Cambridge Common, and the Charles River

Harvard Celebrates America’s 250th

250 Years Ago, Harvard Was Home to a Revolution

A look at the sights, sounds, and characters that put the University on the frontlines of history

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Scoundrels, Then and Now

On con men, Mark Twain, and the powers of the Harvard name

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The Woman Who Penned the Case for War

Mercy Otis Warren’s poetry and plays incited the Patriot movement.