University News
Breaking developments, leadership announcements, and policy changes from across Harvard’s schools and administration.
Harvard Alumni Affairs Databases Breached
The University is investigating the cyberattack, which may have compromised the personal information of alumni, donors, students, faculty, and staff.
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.
Endowment Issues: Each School's Exposure
Each Harvard unit is exposed to declining endowment values, but to different degrees; the schools' exposures are detailed, using University data, and FAS's dean writes to his faculty about an unprecedented financial squeeze.
"Harvard Is Not Invulnerable" to Shocks: Faust's Sober Financial Message
President Drew Faust today e-mailed a letter to faculty, students, and staff, highlighting the "extraordinary turbulence still roiling the world’s financial markets and the broader economy."
University Endowments: The Gathering Storm
A look at Harvard’s reliance on endowment income to fund academic operations; the news from other academic institutions; and the composition of the endowment
Brevia
Short takes on recent news at Harvard