In Cost-Cutting Move, Harvard Faculty Forgoes Cookies

Things are tough all over. I’d like to know what kind of cookies they were getting that cost $500 per meeting?

In Cost-Cutting Move, Harvard Faculty Forgoes Cookies
chronicle.com  |  The Chronicle of Higher Education  |  October 07, 2009

The Harvard Crimson reports that, in a belt-tightening measure, faculty meetings at Harvard University will no longer include complimentary cookies.

“This is the first time in modern times with no cookies,” said Harry R. Lewis, a member of the faculty council. “We are sharing the pain with the undergraduates.”

Michael D. Smith, dean of the faculty of arts and sciences, says cutting the cookies will save an estimated $500 per meeting. Tea and coffee, however, will continue to be served.

In other news, Harvard’s endowment is worth an estimated $26-billion.