Archive for December, 2008


$8 Billion Evaporates from Harvard’s Endowment

Posted on December 10th, 2008 in Uncategorized | No Comments »

With the worsening recession and the crash of the U.S. stock market, the value of Harvard University's huge endowment has shrunk by about $8 billion, according tot he

That a lose in the last four months of about 22%. The Harvard endowment had almost $37 billion in it on June 30,
make it the biggest endowment in the nation.

According to the WSJ, Harvard has said that the actual loss could be even higher, once it factors in declines in hard-to-value assets such as real estate and private equity – investments that have become increasingly popular among colleges. The university is planning for a 30% decline for the fiscal year ending in June 2009.

Of course, Harvard is not alone in this dilemma. Most university endowments have taken a hit on the stock market in the last few months.

$8 Billion Evaporates from Harvard
Photo courtesy of iStockphoto, Jorge Salcedo

How Long Will It Take Me to Graduate?

Posted on December 4th, 2008 in Uncategorized | No Comments »

The answer is, it depends on where you go. And you should definitely be aware of that fact.

College Admissions Counseling suggested in a post earlier this month that four year graduation rates are important to consider when selecting a college. The example they use give the state of Minnesota, where the four year graduate rate ranges from 91% to only 18%. The lower the rate, the longer it will probably take you to graduate…

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Photo courtesy of iStockphoto, Baris Simsek