Harvard posts $113 million deficit for first time since 2020 despite booming endowment: Here’s why it’s not a win – The Times of India
Harvard posts $113 million deficit despite 12% endowment growth. (AP Photo) Harvard University has reported a $113 million operating deficit for the fiscal year 2025, marking its first budget shortfall since 2020. This comes despite a strong 11.9 percent growth in the institution’s endowment, which reached $56.9 billion. The report reveals a complex financial situation,…