Will Harvard be the Next Big Casualty of the Economic Downturn?

by Benjamin Domenech on 2:46 am June 1, 2009

Felix Salmon: “Why might Harvard be laying off tenured professors? Because it’s down to its last $25 billion, of course.” Harvard’s financial mismanagement leaves the university owing over $11 billion over the next decade to debtors. Now they’re completely out of liquid assets. Time for an alumnus in the White House to bail them out?

Previous post:

Next post: