I’ve been worried sick they wouldn’t break fifty billion.
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Truly, these are the times that try men’s souls.
I’ve been worried sick they wouldn’t break fifty billion.
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Truly, these are the times that try men’s souls.
This was UD‘s.
… you can be forgiven for special admissions procedures for the children of big donors.
…[see post directly below this one] still duns you.
Just a few weeks ago Harvard received the largest donation in the college’s history [which adds significantly to its current endowment of close to thirty-five billion dollars], but recent Harvard grads are nevertheless still getting [donation] requests.
From the Princeton University newspaper’s blog:
Friday morning of Fall Break, emissaries from Princeton University tapped into the spirit of the season early when they dispensed hot oatmeal to students in and around Harvard Yard. After losing 27% of its endowment, Harvard had ceased serving hot breakfasts to its students as a cost-saving measure.
The volunteers, all students belonging to Princeton’s humor magazine, The Princeton Tiger, used their fall recess to drive to Cambridge in order to help their less fortunate peers. “Everyone’s hurting in this economy,” said Steven Liss, Chairman of The Tiger. “But Harvard’s endowment shrunk from $37 billion to scarcely $26 billion– they’ve lost more than anyone in these tough times.” A Massachusetts native, Liss cited concern over the coming winter. “Harvard’s our rival, but we hate to think of them having to get by on only continental breakfasts…”
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From the Harvard Crimson’s blog. A headline:
PRINCETON STUDENTS ATTEMPT HUMOR