From the Harvard Crimson: Harvard College Dean David J. Deming said [last] Thursday that he would cut administrative functions before scaling back student-facing programming as the College braces for significant reductions tied to the Faculty of Arts and Sciences’ $365 million structural deficit...
Deming pointed to the federal endowment tax — raised to eight percent last summer under the Republicans’ tax and spending bill — as a major driver of the FAS’ budget shortfall. “That blew a hole of roughly $100 million per year in the FAS budget,” Deming said. “That’s not a one-time thing. That’s an every year thing that is enshrined into legislation.” ...
Full story at https://www.thecrimson.com/article/2026/4/24/deming-administrative-functions-budget/.
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