Even Harvard is short on cash.

southernbbq · February 21, 2009, 1:17pm

Endowment Director Is on Harvard’s Hot Seat
Jodi Hilton

Published: February 20, 2009
Harvard may be the nation’s wealthiest university, but it is short on cash.

Harvard’s endowment has shrunk by at least $8 billion, forcing the university to freeze salaries and delay expansion plans.

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