Word: berman
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...president has told a lot of people that that’s what we’re going to do,” Berman said. “So I hope we get there...
...Berman expressed concern that the University’s main revenue sources may wane, compounding the fiscal squeeze already facing Harvard. She said last year’s stellar endowment returns had helped to offset increased expenses. “Nobody likes to count on something like that,” she added, however...
Other major revenue sources are also unlikely to perform as well in the future, according to Berman. She said that despite a 6 percent jump this year, outside funding will likely decline in the coming years...
...Berman noted, for instance, that much lower projected increases in the budget of the National Institutes of Health—which accounts for 65 percent of the University’s federal funding—will likely mean smaller increases in the amount the University receives from outside grants...
...What we’re seeing for other income streams is concerning,” Berman said...