University Finances

Reporting on Harvard’s budget, endowment, and financial strategy.

Jack Reardon and Walter Cabot, Remembered

Plus, veteran higher education leader Thomas Ehrlich reflects on university curricula for his 70th reunion

by Primus VI

Lapp Named Harvard EVP

University of California EVP succeeds Edward C. Forst '82.

"Resizing," before "Reshaping"

The Faculty of Arts and Sciences tackles a massive budget crisis.

Printed Catalogs: R.I.P.

A Harvard fixture bites the dust.

"Thank You, Alumni"

Reunioners and seniors of 2009 give the University a welcome assist.

Harvard Layoffs Update (June 30, 2009)

School-specific news on layoffs; FAS cost-cutting working groups; and the endowment's forward commitments

Layoffs Begin

The University has begun laying off employees, part of its efforts to reduce costs to cope with the projected 30 percent decline in the value of the endowment.

The Early Retirees

The University has disclosed information on the staff members, by school, who were offered and who accepted its voluntary early-retirement incentive program.

EVP Forst to Leave Harvard

Updated May 28. Executive Vice President Ed Forst, who joined Harvard last fall and helped shape the University's financial strategy, is returning to New York.

Faculty of Arts and Sciences Details Initial Budget Cuts

The Faculty of Arts and Sciences gave some details of initial efficiency measures—one-third of the savings it must effect.

FAS Dean Details $220-Million Budget Gap

At a "town hall" meeting for Faculty of Arts and Sciences professors, staff members, and students, Dean Michael Smith outlined daunting financial...