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Harvard’s endowment, however, like those of many other academic institutions, has been hit hard by the financial crisis, and it must make significant cuts in order to maintain the quality of its academics. The city council??€™s request that the university keep unnecessary employees while cutting back on the salaries of faculty, whose presence is more central to the educational mission of the university, is unreasonable. Harvard is first and foremost an educational institution; while providing jobs for people in the community is a worthy goal, its primary mission is education and research...
...only hurt the university’s academic programs, but in many cases also would not even be possible. Many professorships are endowed, so the university cannot simply take away part of a professor’s salary and use the money to maintain another employee. The City Council??€™s apparent refusal to recognize this point suggests a larger misunderstanding of the way universities allocate their funds, since endowments and grants often cannot be moved from one place to another...
...city council??€™s request is unrealistic and, since the council is offering few suggestions that can actually be implemented, seems to be based purely on political concerns. The council needs to recognize that Harvard’s mission lies in education and research, not in job generation, and to stop wasting its time with meaningless theatrics...
...Undergraduate Council discussed potential changes to the Council??€™s structure during their general meeting yesterday. In response to the Dowling Report, which was released March 2, UC members debated alternatives to its committee structure, the size of the Council, and the timing of elections. The Dowling Report, a review charged with the task of considering student governance on campus, raised several issues that would require the UC to amend its constitution in order for the changes to be implemented. The report recommended that the UC’s Finance Committee have a rotating membership, but that idea received...
Decker said that the Council??€™s intervention was justified because laying off low-wage workers would likely burden the City and state’s homeless shelters, food pantries, and low-income housing services...