Harvard and the Economy

No matter how big, it seems no one or no institution is immune from the poor economy. Harvard and the Economy

You know there are significant economic problems when Harvard—an institution known for having the largest foundation endowment in the US world–starts looking for ways to cut back. I got an email from the president this morning outlining the ways they are trying to cut expenses. They plan to slow the construction on a science complex and possibly scale back their plans, offer early retirement options, look for ways to streamline operations, but still keep tuition increases in check.