小马网校托福机经背景—哈佛缩减开支应对经济危机.docxVIP

　　小马网校托福机经背景—哈佛缩减开支应对经济危机　　托福机经,托福机经背景,托福阅读机经背景　　小马过河网校为大家带来了托福阅读机经背景：哈佛缩减开支应对经济危机!托福机经背景是同学们进行托福备考的重要资料，小马网校为您提供最全最快的机经背景知识!　　哈佛缩减开支应对经济危机。众所周知，托福机经背景知识不仅开拓考生的思维，而且让考生熟悉托福经常考试的题材、背景知识，让考生更好的适应托福考试，所以如果有其他问题可以请登录小马网校进行免费咨询。　　Harvard University is considering spending cuts because the economic slowdown may reduce federal grants and the schools substantial endowment, President Drew Faust said Monday.　　Harvards endowment posted an 8.6 percent return and grew to $36.9 billion in the fiscal year that ended June 30. The school, however, lost 12.7 percent on its U.S. stock portfolio and 12.1 percent on its foreign equity portfolio during that time.　　Still, Faust warned in an e-mail to faculty, staff and students that we must recognize that Harvard is not invulnerable to the seismic financial shocks in the larger world. Our own economic landscape has been significantly altered.　　We need to be prepared to absorb unprecedented endowment losses and plan for a period of greater financial restraint, she said.　　Harvards is the nations largest university endowment and provides about a third of the annual operating budget. Faust said the school is looking at ways to cut spending and will review compensation costs, which account for nearly half of the budget.　　Harvard also is reviewing its ambitious expansion program, including plans announced early last year to expand across the Charles River from its Cambridge campus into Allson, she said.　　We will need to plan and act in ways that reflect that reality, to assure that we continue to advance our priorities for teaching, research and service, she said.　　The school intends to implement initiatives to make education affordable to students from low- and middle-income families, and will ensure that those with income below $60,000 will pay nothing to send children to Harvard College. Those earning up to $180,000 can expect to pay no more than about 10 percent of their income, she said.　　Harvards efforts to address the economic downturn m