Evening Republican, Volume 21, Number 56, Rensselaer, Jasper County, 8 March 1917 — Harvard Is Losing Money. [ARTICLE]

Harvard Is Losing Money.

Harvard university, as a corporation doing business of more than $2,000,000 annually, is shown to be a losing proposition by the annual report of the treasurer. The average net deficit in all departments of the university is shown to be $22,048, which only the proposed endowment of $lO,000,000 can overtake. The' 4.800 students who attend Harvard do not pay one-half of wbgyt It costs to run the university, It is shoWn, the Boston Post states. The figures for 1915-1(1, which have just ‘been made public, phow that Harvard received in tuition fees only $1,049,747, while the operating expenses were $2,701,654. The income from the present endowment of the university amounts to a. larger Item than, the Income from q£l tike students, for $1,186,332 la take* in from that source. [