The Gravy Train Is Over

picture-4“Harvard will have to take a “hard look at hiring, staffing levels, and compensation,” university President Drew Faust and Executive Vice President Edward Forst wrote in a letter informing deans of the losses.”

“While some faculty said in interviews that they were willing to forgo raises, others expressed dismay that their departments would have to hold off on most tenure-track and tenured-faculty searches. […] “Everybody just sort of left a little glum, but understanding that the gravy train is over,” Ingrid Monson, a professor of music and African and African-American studies who also serves on the faculty council, said after the meeting. The Faculty of Arts and Sciences is expected to slash $105 million to $125 million from its current $1.2 billion operating budge.”

Read the full article from the Herald Tribune.


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