Word: paysfor
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Dates: during 1980-1989
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...budget.The FAS endowment, invested by Harvard ManagementCompany along with the graduate school endowments,has skyrocketed over the last year past $1.4billion. But in the past decade, tuition andfundraising have had to provide for a greaterportion of the budget compared to profit from theendowment. The percentage that the endowment paysfor dropped to a low of 26 percent for next yearwhile tuition finances more than half of thebudget...
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