Budget cuts hit Harvard harder - Vivian Yee and Nora Caplan-Bricker, Yale Daily

Hot breakfasts are a thing of the past at most dining halls at Harvard. So are free sweat suits for varsity athletes, salary raises and the jobs of 250 Harvard staff — all casualties of the $220 million budget deficit at Harvard’s Faculty of Arts and Sciences, the university’s largest division, following the 29.5 percent drop in Harvard’s endowment. At Yale, too, administrators have capped salaries, trimmed entertainment budgets and laid off about 100 employees in an effort to close a $150 million budget gap caused by the endowment’s 24.6 percent tumble. But some of Harvard’s schools may be suffering more than their counterparts at Yale because the rival universities structure their budgets differently.