Word: directs
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...significantly offset general operating costs, according to Bridget T. Long, an assistant professor in the Graduate School of Education who studies the economics of higher education. Helping to offset costs, many American schools receive a portion of their funding from government sources as well, in the form of direct appropriations, tax benefits, and federal student aid, according to Long. Tuition and sales of products and services generally help to make up the other portion. As a result, “American institutions have much more diversified revenue streams,” Long said. While Harvard and Yale have the largest...
...Harvard has publicly announced its direct divestment from two Chinese oil companies, PetroChina and Sinopec. But as of December 31, 2006—the date of Harvard’s most recent filing—the University maintained indirect holdings worth $13.4 million in these companies as well as Petronas, a Malaysian oil firm linked to Sudan, through its investment in funds managed by the British bank Barclays...
...Harvard’s policy “does not extend to investment vehicles over which the University does not exercise direct control over composition and investment decisions,” Longbrake said...
Institutionally, Harvard’s president is the person best able to direct overarching changes and interdisciplinary initiatives, such as the nascent Harvard Stem Cell Institute. Such projects can require the president to act as a mediator between often-tribal faculty departments, bringing together, for example, scientists and philosophers to tackle the academic riddles of the future. Past presidents, from Lawrence H. Summers to Charles W. Eliot, Class of 1853, have adopted a confrontational management style, attempting to force through initiatives with a blunt stick. If we, as observers of Harvard University, learned anything from the rapid downfall of former...
...Since Hamas won control of the Palestian government in last December's elections, the U.S. and Western Europeans have cut off direct funds to the Palestinian Authority. Many critics have argued that the measures have amounted to a financial stranglehold of the Palestinian territories that is fueling a humanitarian - and political - crisis. But the Western powers insist they have tried to avert a that kind of crisis - and international pressure to compromise with Hamas - by pouring massive amounts aid into the territories via non-governmental organizations. According to U.S. and European officials, the Palestinians received $700 million in external support...