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Leaner Times at Harvard: No Cookies
New York Times ^ | October 8, 2009 | ABBY GOODNOUGH( snort )

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 world’s richest university is learning to live with less.

The Faculty of Arts and Sciences, Harvard’s 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 ...


TOPICS: Crime/Corruption; Culture/Society
KEYWORDS: bhoeconomy; bubble; elite; harvard; highereducation; incest; luxury
I suppose the little house of hot house orchids isn't shutting down. Too bad, I don't think Yale could replace the know-it-all deficit.
1 posted on 10/08/2009 2:55:23 PM PDT by Leisler
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To: Leisler

Don’t they stil have a huge endowment?

Let ‘em dig into it....


2 posted on 10/08/2009 2:57:16 PM PDT by Pessimist (u)
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To: Leisler

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?


3 posted on 10/08/2009 2:59:55 PM PDT by LegendHasIt
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To: LegendHasIt

Cookies with plenty of nuts would be most appropriate.


4 posted on 10/08/2009 3:02:25 PM PDT by GunsareOK
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To: Pessimist
Don’t they still have a huge endowment?

Let ‘em dig into it....

Why should they get to keep the money?

We need a tiny 40% tax on Harvard's massive endowment!

5 posted on 10/08/2009 3:14:13 PM PDT by RJL
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To: Leisler

Borderline Onion. No hot breakfast. The horror.


6 posted on 10/08/2009 3:17:00 PM PDT by La Lydia
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To: Leisler

I only have a hot breakfast on weekends! It’s a bagel during the week. What is their problem?


7 posted on 10/08/2009 3:19:21 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: Leisler; LucyT
I GOTS MY COOKIES!I MAKES MY OWN!

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.

8 posted on 10/08/2009 3:20:44 PM PDT by Candor7 (The effective weapons against Fascism are ridicule, derision, and truth (Member NRA)
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To: Leisler

9 posted on 10/08/2009 3:39:01 PM PDT by Candor7 (The effective weapons against Fascism are ridicule, derision, and truth (Member NRA)
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To: BunnySlippers

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.


10 posted on 10/08/2009 3:43:34 PM PDT by keepitreal ( Don't tread on me.)
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To: Leisler

How about eliminating all academic departments which lower the intellect of the student?

That’ll reduce cost around 85%.


11 posted on 10/08/2009 3:44:56 PM PDT by Da Coyote
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To: BunnySlippers

These young egg heads are tomorrows fingersnappers and law writers. Their fevered brains need more calories than you or me.


12 posted on 10/08/2009 3:47:29 PM PDT by Leisler (It's going to be a hard, long winter)
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To: Leisler

Dollar store, cookie mix, microwave/oven, air tight container, real world. Any questions?


13 posted on 10/08/2009 3:50:38 PM PDT by Earthdweller (Harvard won the election again...so what's the problem.......?)
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To: Leisler

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.


14 posted on 10/08/2009 3:53:45 PM PDT by Scotswife
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To: Leisler

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.


15 posted on 10/08/2009 3:57:32 PM PDT by petitfour (Are you a Dead Fish American?)
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To: Leisler

Their endowment shrunk?

Seems to me I see a pill being advertised on TV all the time that counteracts that problem.


16 posted on 10/08/2009 4:25:42 PM PDT by Balding_Eagle (If America falls, darkness will cover the face of the earth for a thousand years.)
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To: Leisler

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.


17 posted on 10/08/2009 6:28:42 PM PDT by jmcenanly
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