Not-so-Rich U

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Bob Juch
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Not-so-Rich U

#1 Post by Bob Juch » Tue Nov 11, 2008 3:11 pm

Despite amassing an almost $37 billion endowment, Harvard University is warning that the economic slowdown has reached America's richest university.

http://www.msnbc.msn.com/id/27662237/
I may not have gone where I intended to go, but I think I have ended up where I needed to be.
- Douglas Adams (1952 - 2001)

Si fractum non sit, noli id reficere.

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Rafferbee
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Re: Not-so-Rich U

#2 Post by Rafferbee » Tue Nov 11, 2008 3:53 pm

Wow, they may have lost 11 billion. At first I was thinking, boo hoo Harvard, but I'm sure they were making plans based on their earlier endowment. I wonder how my little alma mater is doing. I remember the endowment reached $100 million when I was there, and they were so proud. So if they lost $30 million, that would be a huge blow to their plans.

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kayrharris
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Re: Not-so-Rich U

#3 Post by kayrharris » Tue Nov 11, 2008 6:29 pm

Uh oh. That's all I have to say right now.
"An investment in knowledge pays the best interest. "
Benjamin Franklin

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