University News

Breaking developments, leadership announcements, and policy changes from across Harvard’s schools and administration.

At Harvard, Mitt Romney Warns Against ‘Authoritarian’ Presidential Power

The former senator touched on polarization, tech governance, and diplomacy during a conversation at the Institute of Politics.

by Schuyler Velasco

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

Endowment Edges Up in a Down Year

Harvard’s endowment grows in fiscal year 2008 by $2.0 billion, or 5.7 percent, to $36.9 billion.

Probing Policing

Recent complaints about the Harvard University Police Department have prompted a special presidential review committee charged with improving the department’s relationship with the community.