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Some of the strategies Harvard’s Financial Aid Office has used to trim expenditures involved streamlining publications, reducing travel expenditures, and making increased use of their website to cut mail costs, she added...
...getting more pressure from across the campus to try to use more federal funds,” Brooks Swift said, referring to stimulus package money for research available through individual professors’ budgets. “Then we don’t need to rely as much on Harvard’s dollars...
Importantly, SWIFTs are not banks; they are more akin to private investment pools, like hedge funds or private equity firms. Moreover, they have universally opted to keep their assets below the $100 billion “Too Big to Fail” threshold that regulators use to classify any financial institution as systemically significant and hence subject to added supervision. Given these two facts, SWIFTs have not been subject to the strict capital and liquidity requirements imposed on banks in wake of the global financial crisis of 2007-2010. In the meantime, the major banks, unable to compete with...
...course wanted to be able to use them more, and we’ll miss all of them,” Albright said of the seniors...
...early freshman days I did not feel so comfortable in the impressive marble halls of the cornerstone of the Harvard library system. Reading the sign next to the entrance to Loker Reading Room that sternly stated “Readers only,” I thought I could neither use my computer nor text from my phone. It was easy, then, to understand those who claimed that Widener was too intimidating, or too imposing, to work in. My first time in the stacks, for instance, in a sleep-deprived stupor after a particularly late night, I wandered through the miles...