University News


Harvard Reports First Deficit Since Pandemic in Fiscal Year 2025, Sees 12% Endowment Growth

Harvard reported an operating loss of $113 million — its first budget deficit since 2020 — as its financial footing shakes from disruptions to federal funding, even as the total value of its endowment grew by 11.9 percent to $56.9 billion, according to its fiscal year 2025 financial report.


Current-Use Donations to Harvard Hit Record $629 Million in Fiscal Year 2025

Harvard received a record-breaking $629 million in current-use donations during fiscal year 2025, representing a 19 percent increase from last year and the largest total in University history, according to the annual financial report released on Thursday.


Security Guards Present Wage, Leave Proposals at First Bargaining Session

Harvard security guards presented proposals asking for wage increases that keep up with inflation and expanded retirement options during their first bargaining session with Securitas Security Services on Wednesday.


Before Pete Hegseth Joined Trump’s War on DEI, He Advocated for Educational Equity as a Harvard Student

In his first nine months as Secretary of War, Pete B. Hegseth has railed against “woke garbage” and diversity programs. But in 2013, as a Harvard Kennedy School master’s student, Hegseth advocated for the creation of a public high school in Minnesota that would “emphasize equity” and prioritize a “diverse student body.”


Harvard Impact Labs Fund $25,000 Grants for Faculty Public Service

Eight University professors received $25,000 grants as part of their inaugural Harvard Impact Labs fellowships to launch social science projects in collaboration with public and private sector leaders.


Penny Pritzker Says She Has ‘Absolutely No Idea’ How Trump Talks Will Conclude

Harvard Corporation senior fellow Penny S. Pritzker ’81 said on Sunday that the Trump administration had pushed for a $500 million settlement to resolve its six-month standoff with the University — but cast doubt on whether Harvard was considering the sum.


6 Months Behind Schedule, Harvard Endowment’s Annual Climate Report Is Nowhere to be Seen

Harvard Management Company has not published its annual climate report six months after its expected release, and officials won’t say whether Harvard will continue providing annual updates on its progress in achieving net-zero endowment emissions by 2050.


Allston Residents ‘Disappointed’ by Discontinuation of Harvard Recreation Memberships

The Harvard Ed Portal discontinued its offering of memberships to recreational facilities across its Cambridge and Allston campuses this month, ending a community benefit that had granted hundreds of Allston-Brighton residents cheap access to the University’s gyms, climbing wall, and pool.


MethaneSAT Went Dark in June. What’s Next for the Harvard Scientists Behind It?

In March 2024, a state-of-the-art methane-detecting satellite — the product of nearly a decade of work in Harvard labs — soared into space on a SpaceX Falcon 9 rocket. But a year later, MethaneSAT lost power in space, and its stream of data on emissions of the potent greenhouse gas went dark.


HBS Alum Indicted on Federal Charges for Running ‘Ponzi Scheme’

Vladimir Artamonov, a 2003 Harvard Business School alum, was indicted in federal court for allegedly defrauding investors – including several of his own HBS classmates – out of more than $4 million in a “Ponzi-like fashion,” according to documents unsealed Thursday.


Ghislaine Maxwell Alleges Former FAS Dean Henry Rosovsky Received ‘Massage’ at Epstein’s House

Convicted sex trafficker Ghislaine Maxwell alleged that former FAS Dean Henry A. Rosovsky received a “massage” through disgraced billionaire and sex offender Jeffrey E. Epstein’s network, according to a transcript of a U.S. Department of Justice interview.


Rabbi Getzel Davis To Lead New Presidential Initiative on Interfaith Engagement

Harvard announced a new presidential initiative on interfaith engagement on Wednesday, accepting recommendations from two University task forces on bias against Jewish, Israeli, Muslim, Arab, and Palestinian affiliates to increase pluralistic programming at the University.


Harvard Announces 2 New Partnerships With Israeli Universities

Harvard announced a new undergraduate study abroad program with Ben-Gurion University of the Negev and launched a postdoctoral fellowship for Israeli scientists at Harvard Medical School on Monday in a dramatic expansion of the University’s academic and institutional ties to Israel.


Trump Admin Urges Reconsideration of Harvard’s Accreditation Status

The Trump administration notified Harvard’s accreditor on Wednesday that the University is in violation of federal civil rights law and suggested that there was “strong evidence” that its accreditation should be revoked.


DHS Subpoenas Harvard for Documents on International Students

The Department of Homeland Security issued a subpoena to Harvard on Wednesday, demanding documents related to alleged misconduct by international students and the school’s compliance with federal immigration law.


Joanna Weiss Turns the Page on Harvard Magazine’s Next Era

Joanna M. Weiss ’94, Harvard Magazine’s newly-appointed editor, took the reins as the University’s showdown with the Trump administration rocks campus. She said she’s found the chaos “exciting.”


Harvard’s Chief Technology Development Officer Steps Down After 20 Years

Isaac T. Kohlberg will step down from his role as Harvard’s chief technology development officer at the end of 2025, concluding a 20-year tenure during which he established and expanded the office that helps Harvard affiliates commercialize their research.


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