Harvard Endowment Reaches $68 Billion Amid Federal Funding Cuts and Layoffs

Harvard Endowment Reaches $68 Billion Amid Federal Funding Cuts and Layoffs

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Harvard University's endowment has grown to $68 billion, driven by strong stock market performance. However, despite this financial growth, the university faces challenges due to reduced federal funding, leading to layoffs and a push to secure corporate sponsorships for research support.

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Originally published by nyt