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lapfog_1

(31,629 posts)

3. why borrow when...

Reply to BumRushDaShow (Original post)

Tue Apr 8, 2025, 11:06 AM

Apr 2025

Harvard University's endowment, managed by Harvard Management Company (HMC), is the largest university endowment in the world, valued at $53.2 billion as of June 30, 2024, with a 9.6% return for fiscal year 2024.

when your endowment earns over $5B a year... why would you ever need to borrow money from a bank, unless they give you the money for next to no interest?

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Harvard plans to borrow $750 million after federal funding threats [View all] BumRushDaShow Apr 2025 OP

I hope they continue to stand up to tsf, murielm99 Apr 2025 #1

Why did they give in, why do they need to borrow ... marble falls Apr 2025 #2

It's probably because of what happened during the 2007 - 2009 "Great Recession" BumRushDaShow Apr 2025 #5

why borrow when... lapfog_1 Apr 2025 #3

I was just about to ask the same question. Irish_Dem Apr 2025 #4

See this BumRushDaShow Apr 2025 #6

Thanks, makes sense. Irish_Dem Apr 2025 #7

They may be "canaries in the coal mine" BumRushDaShow Apr 2025 #8

Yes of course. Good point. Irish_Dem Apr 2025 #9

That's why you have the NY state government asking that their pension funds file suit (in the below case against Tesla) BumRushDaShow Apr 2025 #10

Wow, good for them. Of course the Supreme Ct will back Musk in the end. Irish_Dem Apr 2025 #11

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