University News
Breaking developments, leadership announcements, and policy changes from across Harvard’s schools and administration.
Yale Estimates 25 Percent Endowment Decline, Phases Budget Cuts
Yale disclosed the impact of the financial markets on its endowment, and outlined a series of phased budget-cutting measures.
Government and Medical Schools Pursue Cost Cutting
Harvard's government and medical schools are pursuing cost reductions of up to 10 percent in next year's budget.
Outlining a New Vision for the Arts
The University-wide task force's report recommends new degree programs, courses, and spaces for art production.
Faculty Seeks $100-Million to $130-Million Cost Cuts, Slashes Searches
The Faculty of Arts and Sciences has outlined large cost cuts, even after freezing salaries and slashing the number of faculty searches it will authorize.
FAS Details Debt, Financial Challenges
The Faculty of Arts and Sciences has detailed its debt, spending, and other financial challenges as it prepares much leaner budgets in light of the sharp decline in Harvard's endowment.
Endowment Declines 22 Percent through October 31
Harvard's endowment declined 22 percent through October 31, so the University is responding with budget reductions and a new financial strategy of substantial borrowing to maximize flexibility in light of uncertain market conditions.
2008-09 Rhodes Scholars Named
The winners include two Harvard seniors and one doctoral student at the Graduate School of Education.
Harvard's Dapper Dean
The Boston Globe counts Graduate School of Design dean Mohsen Mostafavi among the city’s most stylish denizens.
Landmark Newsstand May Close
Out of Town News has opted not to renew its lease, the Harvard Crimson reports.
Dean Outlines FAS’s Financial Straits
Dean Michael D. Smith outlined for the Faculty of Arts and Sciences the severe challenges—as much as a $200-million shortfall in revenue—looming in the next year as the endowment declines in value.