University News

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

Harvard’s Endowment, Donations Rise—but the University Runs a Deficit

The annual financial report signals severe challenges to come.

by John S. Rosenberg

Harvard delays Allston construction, campus development

The University will halt construction on its Allston science complex, and—significantly—revisit plans for campus development more broadly.

Harvard faculty retirement offers

The Faculty of Arts and Sciences and four professional schools offer incentives for senior professors to plan their retirements.

Harvard library system faces restructuring

The intellectually extraordinary but decentralized system needs administrative, financial, and technological reorganization, according to the Task Force on University Libraries.

The endowment’s swoon

A status report on the state of the endowment

Harvard FAS financial update

An early-semester financial talk by the dean

Start-of-year address by Harvard president Faust

President Faust opens the academic year with a State of the University address.

Harvard Faculty of Arts and Sciences academic progress, financial problems

Faculty of Arts and Sciences Dean Michael D. Smith outlines academic progress and details financial problems in his 2009 annual report.

Harvard Suffers Billions More in Losses

The endowment, the University's cash accounts, large swap losses, and more.

FAS financial dean

Leslie Kirwan fills a critical position as the faculty works to close a $110-million budget gap.

Yale endowment declines too

Yale reported sharp losses, but narrowly bested Harvard's results--preserving a large margin of long-term superior investment performance.