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...what deepened my drinking despair was the discovery of another problem: although my body violently resisted alcohol’s advances, my mind, speech, and motor skills were all too happy to desert me at the slightest whiff of the poison. My DAPA Nalgene tells me that 78 percent of Harvard students count how many drinks they have, but it’s much harder to keep track when all it takes to go from being flushed and tipsy to flaming and totaled is five-sixths of a beer...
...infrastructure, nor does it embrace this need as a legitimate use for alumni giving. More troubling, we recently learned that the scholarship fund is not “additive”: In other words, the fund will not bring new African scholars to Harvard, even though less than two percent of current graduate students are from the African continent...
...December 2, 2008, Harvard President Drew G. Faust sent a letter informing the Harvard community of a 22 percent loss in the endowment. This $8 billion blow comes on the heels of much criticism about Harvard’s spending policies. In light of the recent financial crisis and these pointed questions, it is important to examine and evaluate Harvard’s endowment and fiscal policies. This focus seeks to highlight a diverse array of concerns and suggestions, such as taxing the endowment, environmentally responsible investing, socially conscious alumni donations, and the student body’s role...
Citing a projected 30 percent drop in the University’s endowment value this year, the deans wrote that the cost-cutting measures followed from a need to reduce the budget for the next fiscal year to levels at least $105 million below the current year’s budget. The Faculty’s budget for the fiscal year beginning on July 1, 2009 is set to be completed by March...
Harvard’s endowment—the largest in higher education—fell 22 percent in four months from its June 30 value of $36.9 billion, trumping the previous record loss of 12.4 percent in 1974, according to a letter from University President Drew G. Faust last week...