Q&A | Levin talks endowment
Richard Levin, who assumed office in 1993, has served as Yale’s president in a period of remarkable economic prosperity. Now, as he outlined Dec. 16 in a 2,000-word letter to faculty and staff, he and his colleagues face the challenge of balancing ambitious new initiatives with the reality that Yale’s endowment is worth an estimated three-quarters of what it was on June 30. Levin, who is also the Frederick William Beinecke Professor of Economics, spoke by phone to the News last month about the state of Yale’s finances.
Q: Looking back, what kind of steps has Yale taken up to this...
