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Budget issues continue to plague the Obama Administration as well as Harvard—the University’s endowment dropped $11 billion from 2008 to 2009—but both federal and University-wide measures have sought to keep student aid and research funding afloat despite difficult economic times...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: Harvard Resists Reagan’s ’85 Budget | 5/27/2010 | See Source »

...federal budget of the 1986 fiscal year would have slashed financial aid funding, capping money allotted per student on federal grants and loan aid to $4000 and establishing an income ceiling of $32,500 for guaranteed student loan eligibility. The cuts also included a $2.3 billion reduction in financial aid spending. Additionally, the Reagan administration proposed significant cuts to National Institutes of Health funding, one of Harvard’s largest sources of science funding...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: Harvard Resists Reagan’s ’85 Budget | 5/27/2010 | See Source »

...recent healthcare overhaul included legislation to move away from bank-funded loans toward an expanded direct-lending program run by the federal government. This adjustment was intended to direct $36 billion across 10 years to Pell grants for students from low-income families...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: Harvard Resists Reagan’s ’85 Budget | 5/27/2010 | See Source »

Over these Commencement days no doubt professors, family, and friends, all weak of heart, will congratulate you on a job well done. Not I. Just look at the job you have done at Harvard. You gobbled up $11 billion in stocks and hot breakfast. You lost us party grants. You did who-knows-what to the Wetu...

Author: By John F. Bowman | Title: Harvard Will Get Better Once the Seniors are Gone | 5/26/2010 | See Source »

...earlier version of the May 24 news article "Study: Colleges Caused Financial Crisis" stated that in the 2009 fiscal year, Harvard’s endowment decreased by about 11 million dollars. In fact, the endowment decreased by about 11 billion dollars...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Study: Colleges Caused Financial Crisis | 5/24/2010 | See Source »

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