Finance

Capital campaign has raised 72 percent of $3.5-billion goal

Penn’s alumni fundraising has not been significantly hurt by the economy, according to administrators.

Across the Ivies, endowment drops force cutbacks

Despite the economic recession, Penn, as well as most Ivy League and peer institutions, have committed to retaining the quality of students’ experience in the face of budget cuts.

University travel budgets fall victim to economic recession

Given the economic downturn, scaling back on travel has become an effective method of cost containment for the University, according to Executive Vice President Craig Carnaroli.

Endowment losses not as severe as peers' drops | Interactive graphic

The endowment is expected to report a loss of 15.7 percent for fiscal year 2009, but Penn President Amy Gutmann expressed relief at this number - "the lowest of any drop among peer institutions."

Penn’s credit is OK despite bad economy

Penn has retained its original ratings of AA+ from Standard & Poor’s Ratings Services and Aa2 from Moody’s Investor Service that it earned last year.