Wednesday, December 3, 2008

Ivy Legue Schools Aren't Safe Either



The endowment was worth $36.9 billion as of June 30, the end of its fiscal year. The school has said its American stock portfolio and foreign equity portfolio had taken hard hits recently. ..

...They say the university should plan for a 30 percent drop in endowment value by the end of next June.
My Response: If there is one thing we should be able to count on, education is infinite. Although were are learning something new everyday, what will happen when our main source of education falls? Harvard University, a highly known ivy league college, will suffer a major lose in the value of their establishment. Although these factor are known by the school, they have yet to show their concern by taking action to the situation.

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