University President Lawrence H. Summers pledges $1 million to higher education for families of the Sept. 11 victims. Officials later day it will be administered by the Families of Freedom Fund.
In a rally organized by the newly formed Harvard Initiative for Peace and Justice, about 500 students demonstrate outside Widener Library for a peaceful response to the terrorists attacks.
Harvard announces the value of its endowment slipped in the last fiscal year for the first time in 17 years, from $19.2 billion to $18.3 billion. Harvard Management Company, the organization that invests the endowment, cites the economic downturn and decline of the stock market as causes for the drop.