Posted on 10/08/2009 2:55:23 PM PDT by Leisler
CAMBRIDGE, Mass. Gone are the hot breakfasts in most dorms and the pastries at Widener Library. Varsity athletes are no longer guaranteed free sweatsuits, and just this week came the jarring news that professors will go without cookies at faculty meetings.
By Harvard standards, these are hard times. Not Dickensian hard times, perhaps, but with the value of its endowment down by almost 30 percent, the worlds richest university is learning to live with less.
The Faculty of Arts and Sciences, Harvards largest division, has cut about $75 million from its budget in recent months and is planning more. With the cuts extending beyond hiring and salary freezes to measures that affect what students eat, where they study and other parts of their daily routine, the euphoria of fall in Harvard Yard is dampened. The Faculty of Arts and Sciences anticipates a....
(Excerpt) Read more at nytimes.com ...
Don’t they stil have a huge endowment?
Let ‘em dig into it....
Gee, that is sad to hear. Why can’t 0bama give his old alma mater some stimulus funds... at least enough to provide cookies to the faculty?
Cookies with plenty of nuts would be most appropriate.
Let em dig into it....
Why should they get to keep the money?
We need a tiny 40% tax on Harvard's massive endowment!
Borderline Onion. No hot breakfast. The horror.
I only have a hot breakfast on weekends! It’s a bagel during the week. What is their problem?

No more handouts for liberals. Wait until further decreasinng revenues necessitate lowering lib salaries. The whining always starts with liberal cookies. Waaaaaaaaaaaaah! My cookies! Love to hear the noise of liberal whining.
I went to a pretty small state university. We had hot breakfast every day in the dorm. And, professors taught lower division classes. Harvard needs to learn how to do more with less, not less with a huge endowment.
How about eliminating all academic departments which lower the intellect of the student?
That’ll reduce cost around 85%.
These young egg heads are tomorrows fingersnappers and law writers. Their fevered brains need more calories than you or me.
Dollar store, cookie mix, microwave/oven, air tight container, real world. Any questions?
Ridiculous!
How much are these student paying in tuition and they can’t even have cookies? Hot breakfasts?
Just goes to show, once again, liberals can’t run anything and can’t be trusted with large sums of money.
Hmmmm. Their recruiter neglected to mention this when he was visiting a few weeks ago. Harvard will meet 100% financial need for accepted students whose family incomes are $65K or less. And they have a ‘blind’ admissions process which means that family income is not a consideration for admissions. I guess when you promise free education at one of the most expensive schools in the country, you have to make cutbacks somewhere.
Their endowment shrunk?
Seems to me I see a pill being advertised on TV all the time that counteracts that problem.
Take away the 400 odd years of reputation and tradition,the perks for the instructors and Harvard would be nothing more than a State University. Many State Universities probably provide a better education.
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