Gutmann says finances are secure in mass e-mail
In a memo written to "Members of Our University Community", Penn President Amy Gutmann yesterday addressed the University's place in the current precarious economic market, a move met by nonchalant student reactions. Writing that the note was prompted because "the state of the economy is on everyone's mind," Gutmann detailed Penn's current financial situation, including the ongoing capital campaign, Penn's commitment to no-loan financial aid to undergraduates and the recent dip in the size of Penn's endowment.







