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Harvard Finances

Sober Finances

A blunt picture of universities’ altered circumstances—and a forecast of changed operations to come

Economic Realities in Allston

The institutional master plan notification form Harvard filed in October 2012 no longer relies on debt-financing or unrealistic endowment payouts.

Downsizing: Arsenal Buildings Sold

Harvard divests the Arsenal on the Charles complex, in Watertown—once considered swing space in its ambitious Allston growth plans.

Hard Bargaining

Harvard and its largest union in protracted negotiations on wages and health benefits

A Victory—and a Campaign

In the dean’s annual report for 2012, the Faculty of Arts and Sciences achieves a budget goal—and sketches its ambitions

The Endowment Eases

In a year of flat investment returns, the endowment declines as distributions support Harvard University operations