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>Harvard’s endowment was $53.2 billion in 2024, according to a financial report from the university. $2.2B freeze probably will not effect much for Harvard but
by teleforce 2y ago
>Harvard’s endowment was $53.2 billion in 2024, according to a financial report from the university.
$2.2B freeze probably will not effect much for Harvard but for the other universities they probably have to bent down.
It's a shame this happen to Harvard who just announced of full scholarship for undergraduate students [1].
[1] Harvard will be free for students whose families make $100,000 or less:
https://health.wusf.usf.edu/2025-03-17/harvard-will-be-free-for-students-whose-families-make-100-000-or-less https://health.wusf.usf.edu/2025-03-17/harvard-will-be-free-...
- kelnos 2y agoSure it will. $53.2B is the value of their endowment, not their yearly budget. They only take out a single-digit percentage of they every year. It wouldn't last very long otherwise.