CAMBRIDGE, Mass. — Gone are the hot breakfasts in most dorms and the pastries at Widener Library. Varsity athletes are no longer guaranteed free sweatsuits, and just this week came the jarring news that professors will go without cookies at faculty meetings.
By Harvard standards, these are hard times. Not Dickensian hard times, perhaps, but with the value of its endowment down by almost 30 percent, the world’s richest university is learning to live with less.
Read the tragedy here.