Word: percent
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...Next year’s projected deficit of $130 million has been compounded by last month’s announcement that endowment funding for Harvard schools—which contributed 56 percent of the FAS budget this year—will fall 8 percent for the next two years, raising the two-year deficit even higher...
...response, FAS administrators have begun planning around a 12 percent decrease for the fiscal year ending in 2011 in case endowment funding plummets further, according to Smith...
...already achieved $4 million of savings in the past six months, and proposals for 15 percent cuts submitted by departments and units would produce a $73 million reduction if approved for the next academic year. But the cuts would eliminate only one third of the overall deficit facing...
...been out of work at some point, and 13% have been hungry. At the same time, 4 in 10 people earning more than $100,000 say they are buying more store brands, 36% are using coupons more, and 39% have postponed or canceled a vacation to save money. Forty percent of people at all income levels say they feel anxious, 32% have trouble sleeping, and 20% are depressed. After a season of big news, of war and storms and swindlers, pirates and poison peanut butter, 43% are watching the news even more, taking the medicine even if it tastes...
...couldn’t really make a plan until they knew that.” Faculty and staff said they hope the meeting will clarify a now hazy fiscal picture, especially in light of last month’s revelation that endowment funding for Harvard schools will fall 8 percent next year—a far steeper drop than expected. But some are more doubtful that Smith will unveil any groundbreaking initiatives at the meeting. “I don’t have a sense that there’s going to be any big announcement or startling changes...