As FAS struggles with budget constraints, SEAS is continuing with “measured growth” and plans to partner with outside firms to generate additional revenue.
As Harvard seeks to cope with disappointing endowment returns from last fiscal year, some of the University's twelve constituent schools will be harder hit than others.
Students have launched a new effort urging Harvard to divest—this time taking aim at the University’s holdings in private prison stocks.
The cost of attending Harvard College will be $65,609 in the 2017-2018 academic year, representing a 4.10 percent increase from last year.
"The sense was that the fees that would be charged by external managers in relationship to the insight and success of external managers was worth undertaking,” Faust said.
Experts say that if the real estate team continues to do business with Harvard Management Company as an external management unit, it could earn salaries well above what members of the team drew in at HMC for doing mostly the same job.
Harvard’s endowment grew slower than was average for university endowments in fiscal year 2016, according to a recent report from the National Association of College and Business Officers.
There was no shortage of surprises in 2016. Between unprecedented penalties on members of undergraduate social organizations, the stunning rise of Donald Trump to the presidency, and a dining workers strike that lasted more than three weeks, events at Harvard and beyond defied expectations and challenged norms. The Crimson takes a look back at the essential stories of a pivotal year.