Meanwhile, Harvard has tens of BILLIONS in endowments.
RE: ...Harvard has tens of BILLIONS in endowments.
$53 Billion after the 9.6% gain on investment value last year.
But who’s counting?
And for current expenses, this pittance may help a little:
Harvard University received $686 million from federal agencies last year.
Families are happy to kick in the basics——
“The total estimated cost for a four-year undergraduate degree at Harvard University is around $346,820. This includes annual tuition, fees, room and board, and other expenses. The annual cost of attendance ranges from $82,950 to $91,166.”
From Harvard University Financial Administration website:
Harvard must fund nearly two-thirds of its operating expenses ($6.4 billio in fiscal year 2024) from other sources, such as federal and non-federal research grants, student tuition and fees, and gifts from alumni, parents, and friends.