Word: costs
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Questions linger regarding the new figure’s effect on the upcoming budgeting process and the breadth and severity of this year’s cost-cutting measures...
Last May, Smith projected a $143 million gap over the next two years. But strategic cost-cutting measures, increased revenue, and anonymous donations helped to bring that figure down to $110 million...
Some of the cost-saving measures are ongoing. In November, Smith said that he was seeking to reduce the size of the faculty through attrition, and two months ago FAS offered the first retirement program in the school’s history, enabling more hiring flexibility...
...improve the current academic experience in this tough financial climate, Harvard should act on low-cost plans and tap into currently underutilized resources. For instance, the unified schedule was supposed to make cross-registration between the various graduate schools easier. Harvard should encourage this sort of activity with improved academic advising on cross-registration and expanded opportunities for it. Additionally, faculty hiring is frozen, and many professors are taking early retirement or have left for Washington. Thus, professors should be expected to teach more classes to soften the blow from lost courses, like the Economics Department’s junior...
...improve the current academic experience in this tough financial climate, Harvard should act on low-cost plans and tap into currently underutilized resources. For instance, the unified schedule was supposed to make cross-registration between the various graduate schools easier. Harvard should encourage this sort of activity with improved academic advising on cross-registration and expanded opportunities for it. Additionally, faculty hiring is frozen, and many professors are taking early retirement or have left for Washington. Thus, professors should be expected to teach more classes to soften the blow from lost courses, like the Economics Department’s junior...