Funding Cuts Leave Harvard University Endowment in Jeopardy
As of May 15, the Trump administration has frozen about $2.7 billion in federal grants from Harvard University. While the University’s robust endowment should help cushion further cuts, the challenges of digging into such funds leave the institution on unstable fiscal footing. At $53.2 billion, Harvard has the largest endowment across global higher education institutions. […]