On Harvard
One of the world’s leading educational institutions
Harvard College Total Enrollment: 7,063
Faculty and Staff: 19,777
Endowment Assets: ~$51 billion
Total revenue: $6.1 billion
Total operating expenses: $5.9 billion
Total debt: $6.25bn
KEY FINDINGS:
1. Ivy League payments and entitlements cost taxpayers $41.59 billion over a six-year period (FY2010-FY2015). This is equivalent to $120,000 in government monies, subsidies, & special tax treatment per undergraduate student, or $6.93 billion per year.2. The Ivy League was the recipient of $25.73 billion worth of federal payments during this period: contracts ($1.37 billion), grants ($23.9 billion) and direct payments – student assistance ($460 million).
