Downstream of the Ivies
Preview:
In April, Harvard University, despite its $53.2 billion endowment, announced plans for a $750 million bond issuance to bolster liquidity amid uncertainties over federal funding. Similarly, Brown University concluded its decade-long BrownTogether fundraising campaign, raising more than $4.4 billion, yet soon after secured a $300 million loan in the face of a structural budget deficit and the cancellation of federal grants. And in May, Columbia University announced layoffs of approximately 180 staff members after the federal government revoked $400 million in federal grants and contracts, citing the university’s handling of antisemitic harassment on campus.
Originally published: June 23, 2025
Author: Joseph E. Nyre
Position: President Emeritus
Institution: Seton Hall University
Published by: Inside Higher Ed