March 10, 2009 Slideshow: A Look Inside House Renewal
Harvard College Dean Evelynn Hammonds points out that the House Renewal Program will preserve the uniqueness of the Houses while improving infrastructure. Read More…
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January 21, 2009 
Harvard News Office
At 12:05 p.m. today (Jan. 20) in Washington, D.C., the United States crossed a historic racial divide to inaugurate its first African-American president.
Before a sea of watchers arrayed in front the U.S. Capitol — as many as 2 million — Barack Hussein Obama called for “reaffirming the greatness of our nation.”
His brief address acknowledged the nation’s troubles — a tangle of economic woe, war, and dysfunctional health care. “Everywhere we look, there is work to be done,” said Obama.
But America’s newest president, a 1991 graduate of Harvard Law School, also acknowledged the lasting power of American values. “The time has come to reaffirm our enduring spirit,” said Obama, “to choose our better history, to carry forward that precious gift, that noble idea, passed on from generation to generation — the God-given promise that all are equal, all are free, and all deserve a chance to pursue their full measure of happiness.”
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January 21, 2009 
Harvard News Office
Amid a steady stream of dire economic news, new research released Thursday, Jan. 15, shows that Harvard University continues to be a strong stabilizing force for the local economy.
The study by Appleseed, a New York-based research firm, found that Harvard’s impact is as varied as it is vast, attracting hundreds of millions of research dollars to the region, generating thousands of local jobs, and infusing the local economy with $4.8 billion last year alone.
“Harvard, like many of the area’s research institutions, serves as a powerful engine of innovation,” said Harvard President Drew Faust, who offered a preview of the report’s findings on Tuesday (Jan. 13) at a meeting of a group comprised of key business, labor, and civic leaders at the Federal Reserve.
“We are meeting in the midst of an economic crisis that is challenging the relationships between government, business, and labor in ways we have not contemplated before,” Faust said. “I know that if we anchor our efforts in an understanding that our futures are intertwined, we can emerge from this turbulent time with a stronger foundation that will serve the people of Massachusetts and the country well for years to come.”
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January 21, 2009 
More than 29,000 students have applied to Harvard for entrance next September, exceeding last year’s record of 27,462 and the previous record of 22,955, set the year before. In the face of an unprecedented economic downturn, financial aid has proven to be a crucial element in encouraging so many students to apply.
“Financial aid has never been more important to those we hope to attract to Cambridge,” said William R. Fitzsimmons, dean of admissions and financial aid. “Thanks to the leadership of Michael Smith, dean of the Faculty of Arts and Sciences, and President Drew Faust, and their unwavering commitment to our new financial aid program, many of the nation’s — and the world’s — best students responded to the clear message that Harvard remains open to talented students from all economic backgrounds.”
Almost 78 percent of this year’s applicants will apply for financial aid, compared with 73 percent last year. Harvard’s financial aid program, which was phased in over the past few years, requires no contribution from families with annual incomes below $60,000 and approximately 10 percent of income from families who make up to $180,000, assuming they do not have unusual assets. Read the full story.
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October 3, 2008 For alumni and friends who missed the Harvard Economic Forum webcast on recent developments in the U.S. and world markets, an archive version is now available below.
With a bailout plan recently approved by the Senate and House of Representatives, join the conversation and tell us your reaction to the current economic crisis and the current plan to stabilize the financial markets.
Please Update your Flash version to view this video.
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August 15, 2008 By Arian Campo-Flores | NEWSWEEK
Published Aug 9, 2008
Aug. 18-25, 2008 issue
Jennie D’Amico first heard the news in an ecstatic e-mail from her father in Brewer, Maine. It was December 2007—the middle of her sophomore year—and Harvard had just announced a range of new financial-aid policies aimed at easing the strain on middle- and upper-middle- income families like hers. The bottom line for D’Amico’s parents: their expected contribution would plunge from a little more than $30,000 per year to about $13,000. It was, she says, “sort of, ‘Wow, Harvard now costs less for me than the University of Maine’,” where D’Amico had originally thought of going, largely for financial reasons. (more…)
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June 3, 2008
This month, meet Noreen Dunne, a graduate of the Harvard Kennedy School and director of Hayden Hall in Darjeeling, India.
Noreen Dunne’s story is revealing. The problems of the world’s urban poor are increasing drastically. With no changes in store, the United Nations predicts one third of the world’s population - three billion people - will live in slums by 2050.
Join the conversation and tell us what you think should be done to prevent this outcome.
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April 18, 2008 
Drew Gilpin Faust is installed as the 28th President of Harvard University, and discusses the role of the university in the 21st century in her installation address. The celebration features student performances and a speech by Massachusetts Governor Deval Patrick. (more…)
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