Summary
- Donations to Harvard University’s endowment dropped by 15%, falling below $1.2 billion
- Outraged alumni cut ties with the school due to its response to on-campus antisemitism and pro-Palestinian protests
- Harvard has been forced to rely on its $53 billion endowment, with spending increased on technology, AI, campus facilities, and financial aid
- The university is facing backlash over handling of antisemitism and fundraising efforts have been impacted negatively