Word: june
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Last week, Harvard announced that its endowment—the largest in higher education—has fallen 22 percent from its June 30 value of $36.9 billion, marking the endowment’s largest decline in modern history...
Harvard’s endowment—the largest in higher education—fell 22 percent in four months from its June 30 value of $36.9 billion, trumping the previous record loss of 12.4 percent in 1974, according to a letter from University President Drew G. Faust last week...
...June, the Commission released a report outlining the challenges that face Cambridge’s elementary schools, which includes one K-6 school and 11 K-8 schools...
...cutbacks, announced in a recent town hall meeting, come amid an unprecedented decline in Harvard’s endowment, which fell 22 percent in the four months starting June 30. The Medical School held roughly 11.7 percent of the University endowment—valued at $4.32 billion as of last June, the last period for which data is available. A 22 percent decline would translate to a loss of just under $1 billion...
...Staff writer June Q. Wu can be reached at junewu@fas.harvard.edu...