Were Harvard "mouths writing checks their brains couldn’t cash”?

Harvard, Private Equity and the Education Bubble - DealBook Blog - NYTimes.com
"In the short term, unless it boosts its liquid returns, Harvard is going to have to raise a lot in donations or eat up its liquid assets to fund university obligations and its private equity commitments. This results in a spiraling decline in Harvard’s liquid assets as each year they go lower to meet these needs and more and more assets become tied up in private equity."

1 comment:

  1. Many institutions limit access to their online information. Making this information available will be an asset to all.