Harvard is sitting on an endowment worth tens of billions and they’re telling students to go on food stamps?
From Yahoo Finance:
Harvard University Encourages Students To Go On Food Stamps, Even Though It’s the Richest School In The World With A $53 Billion EndowmentHarvard University recently organized an event to support graduate students enrolling in government food assistance programs.The Health Services office sent a flier to graduate students, encouraging them to participate in the SNAP Benefits Sign-Up event in April. The flier read, “Fuel your body & stock your pantry. Did you know that grad students may qualify for assistance paying for food & groceries?”Harvard University is the wealthiest academic institution globally, boasting an endowment of approximately $53 billion. With such a substantial endowment, Harvard has the means to support a wide array of academic programs, research endeavors, scholarships and initiatives.The Harvard Graduate Students Union (HGSU) expressed its view, advocating for more substantial measures to assist graduate students, primarily by increasing their salaries. According to HGSU’s proposal, all graduate student workers should receive a minimum annual salary of $60,000, a significant increase from the current minimum salary of $40,000. The union believes that providing adequate compensation directly to the students would alleviate the need for external assistance programs like SNAP.The high cost of living in Boston only adds to Harvard students’ struggle. Many people across various professions and walks of life face similar challenges. But the proximity to cutting-edge innovation and opportunities in technology, entrepreneurship and startups presents a potential solution for those seeking to get in at the ground level of the next big thing.
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