The University Committee on Governance released today its long-awaited report. "Harvard and Money." Copies were distributed this morning to all student dormitory rooms.
While the report remains noncommittal on practically all the major issues, it does describe Harvard's current financial crisis very accurately. Certainly it is the best written report to emerge from a Harvard committee in a long time.
The authors are Francis M. Bator. professor of Political Economy at the Kennedy School of Government, and Graham T. Allison '62, assistant professor of Government.
The report's suggestions range from enlarging the fund raising machinery to "reorganizing higher education in the United States." Without educational reforms, the Committee says, the outlook is "bleak." The report adds however, "It is probable that of the large private universities Harvard would be the last to go down."
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