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linkhttps://www.perplexity.ai/ calendar_today22-01-2025 22:46:09

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Harvard, the world’s richest university, is scrambling for cash. In just two months, it’s borrowed a staggering $1.2 billion. The cracks are showing, and the entire model of elite university finance is now under stress. How did Harvard, with a $50B endowment, end up here?

Harvard, the world’s richest university, is scrambling for cash. In just two months, it’s borrowed a staggering $1.2 billion.

The cracks are showing, and the entire model of elite university finance is now under stress.

How did Harvard, with a $50B endowment, end up here?