Will Harvard Continue to Lead the Charge? - Part 62

From the Boston Globe: University administrators have instructed Harvard Medical School to cut its research enterprise by at least 20 percent by the end of this fiscal year, the school’s dean, George Daley, said... In his State of the School remarks, Daley said the planned research cuts are part of the university’s overall effort to spend more efficiently in the face of federal funding cuts and the imposition of a much steeper endowment tax, which take effect on Jan. 1...

In the short term, Daley said, the medical school is drawing on tens of millions in stopgap funding. During this school year, that emergency funding, along with lab rainy day funds and department discretionary funds, will support about three quarters of the research that was previously funded by the federal government, Daley said. After the fiscal year ends on June 30, the school must further contract its research enterprise, Daley said...

Full story at https://www.bostonglobe.com/2025/09/18/metro/harvard-medical-school-to-cut-research-by-20-percent/.