Word: endowmentã
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...plan does not go far enough. This new program will simply level the playing field, since many other schools—including Yale and Brown—offer similar scholarship grants. Although we can laud ourselves for finally catching up with our competitors, Harvard—with its enormous endowment??€”ought to be in the business of leading the pack where financial aid is concerned...
Think about it. Harvard has a $17.5 billion endowment??€”this in a down year. Not all of that should be spent, obviously, and there are operating costs to consider. But when you’ve got $17.5 billion to throw around, a six-figure project looks like a pack...
Salaries reflect the performance of money managers over several years compared to the market averages, or benchmarks, that HMC uses to judge the endowment??€™s performance. Over the last decade, Harvard’s endowment has surpassed its peers and outperformed its benchmarks...
During his first in-depth interview with The Crimson on the subject, Jack Meyer, president of Harvard Management Company (HMC)—the arm of the University responsible for investing the endowment??€”called recent allegations by a watchdog group “absurd...
Over the past five years, HBS has more than doubled its budget for MBA financial aid from $3.5 million to $8 million—endowed by a full 20 percent of the school’s endowment??€”but the average student aid amount stands at $16,500 out of an all-inclusive total cost of nearly $100,000 for the two-year program...