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Over the past decade, Harvard has increased its scholarship aid to students by 155 percent, according to the FAO website. This year Harvard is awarding a record-breaking $145 million in need-based scholarship assistance. There cannot be enough said about the University??€™s middle-income initiatives, or the fact that it waives fees for families earning under $60,000 a year. Harvard is perhaps the most generous university in the world, and it has led other universities to similar levels of generosity. I, for one, would never have been able to attend Harvard 10, 20 years...
While the number of companies and funds in which Harvard holds stock grew—Harvard reported 124 holdings in the SEC’s 13F filing, up from 107 the previous quarter—the majority of the University??€™s assets remain invested in emerging markets. A large portion—72 percent—of Harvard’s equities remain invested in 15 funds that track markets in countries such as China, Brazil, and South Korea...
...increase in Harvard’s stock holdings is part of a broader reinvestment in the market by the University after it slashed its holdings in late 2008. As the stock market plummeted and Harvard reportedly scrambled for liquidity, the University??€™s stock holdings dwindled from $2.8 billion in Sept. 2008 to only $571 million three months later. But since then, Harvard has steadily increased its stock holdings, especially in emerging markets and Asia...
Friday’s filing details only a fraction of the University??€™s endowment—slightly less than 10 percent—and includes only U.S.-traded equities that are directly owned by Harvard. The report lists foreign companies traded on U.S. exchanges, but does not include the University??€™s investments in private equity, bonds, real assets, or foreign stocks...
...Chapman Walsh at Cambridge College, and actor Blair Underwood—who spent a week at Harvard as an Office for the Arts artist in residence earlier this year—at Emerson College. These speakers are undoubtedly worthy choices, but they do not have the cache of the University??€™s recent speakers, and it would be ungrateful of us not to appreciate our speakers on the basis of their cultural significance alone. Regardless of whether his speech inspires students to go into public service or is just interesting, the fact that Justice Souter is coming to speak...