Word: endowmentã
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...prone to accusations of self-serving bias. But it would be a mistake to assume that Harvard affiliates will defend this university simply because they fancy the crimson color. Harvard should face criticism when it is due but not when its name and the word “endowment?? happen to appear in the same sentence. If you do believe universities are drowning in dollars, please, keep the checkbook in your pocket. But we like our financial aid, so don’t lobby for harmful adjustments to the tax code...
...showing a positive gain of $4.4 billion since 2003. According to the U.S. Census Bureau data for 2004, the median family income was $54,061—about $14,000 above the income threshold set in 2004.While these gains in the endowment are significant, Bok says that the endowment??s limited liquidity makes it hard to channel money into the places where it is most needed, including financial aid. Donations to the endowment are frequently restricted by donors to be used only for certain purposes, and these restrictions are legally binding. Dean of Admissions and Financial Aid William...
...holds sway,” according to the list’s companion article. The list’s blurb on Faust cites her status as the University’s first female president, her numerous academic prizes and teaching awards, and the size of Harvard’s endowment??which was around $30 billion at the time of the list’s publication—as factors contributing to her selection. Also on the list is Kennedy School of Government graduate Ellen Johnson-Sirleaf, who was elected in 2005 as the president of Liberia, becoming Africa?...
Harry Potter may have been filmed at Oxford, but students at Hogwarts have it much better than the typical student here. With steeply climbing costs and the recent poor performance of the Rhodes endowment??which translates into a lower stipend—just living in one of the Oxford colleges might bust your budget...
...almost seems crass to rain on this self-righteous congratulatory parade, but, if unionization results in higher wages and benefits, where is the money coming from? The Harvard Corporation is unlikely to open the endowment??s coffers, so the University—like all corporations—has a limited budget, and therefore endeavors to minimize its costs. If security guards become more expensive, the University will either raise tuition or decrease employment. Since tuition raises are limited by popular outcry, benefits to unionized workers are likely to come at the expense of those who actually need wages...