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Reply to "Harvard is laying off dining hall employees..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It's so tabloid to always mention the endowment in these stories, as if it's a bank account. [/quote] but a good chunk of it is fairly liquid. taxpayers pay for those endowments because of the growth that is never taxed, and through the deductions on the big gifts. they owe us some better behavior.[/quote] +1. This. Private universities like Harvard receive hundreds of millions in taxpayer funded grants for research. They are sheltered from many taxes including property taxes. Harvard can afford to pay some hourly workers during a pandemic. It needs to be modeling better behavior. It is not “tabloid” to point out they have an endowment worth billions. Signed, Ivy League grad married to a Harvard grad [/quote]
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