Word: universityã
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...unprecedented drop has dramatic ramifications for Harvard’s schools, some of which rely on annual payments from the endowment for more than half their income. The Faculty of Arts and Sciences, the University??s largest school and home of Harvard College, drew 52 percent of its revenues from the endowment last year. Planning for a precipitous drop in endowment size has already resulted in $77 million in budget cuts at FAS, and administrators are looking to cut another $143 million this year from a budget of just over $1 billion...
...heavy exposure to alternative asset classes, which include real estate, private equity, timber, and other commodities. Such investments added long-term value to the endowment and brought sustained growth in previous years, but also reduced the portfolio’s liquidity—meaning that the University??s assets became more difficult to sell and convert to cash on short notice...
According to Seley, the University??s systems have been developed to “maximize” how much of the eating accoutrements are recycled, including the wide-spread use of compostable plates, silverware, and napkins at University dining facilities...
...Boston University??We live here, and there's nothing that sets BU students apart as more douchey as those from nearby schools like BC or Northeastern. Another puzzling choice...
...Boston University??We live here, and there's nothing that sets BU students apart as more douchey as those from nearby schools like BC or Northeastern. Another puzzling choice...