While people are focused on the AIG story and the Sarah Palin story in the August issue of Vanity Fair, there's actually something even more amazing in it-a Nina Munk piece on Harvard's endowment. It is only online in "preview" form, but we have something called a "subscription."
Our favorite graduating Harvard senior (yes, we have such things!), Sam Jacobs, describes his non-entry into the working world after four years of working on The Crimson: "I was two days away from handing in my thesis, and the screen of my phone lit up. Just as I planned, and what good timing. A 212 area code. Even though the past year has bruised New York City, the number rang with promise. A person in a New York office building was calling me. The digits ended in a round number. Probably a very big office building. An important person who worked in a big Manhattan office building wanted to talk. [...]
New York Observer publisher Jared Kushner is now on Twitter. Barely. So is his brother Joshua, whose only usage so far has been to note that he has launched Unithrive.com. "Think this could be a game changer," he says of his new website. It offers no-interest loans of up to $2000 from alumni to current U.S. and Canadian citizen Harvard students-a school which both brothers attended and to which Joshua will return for his MBA after a summer at Goldman Sachs. Harvard, of course, is a need-blind admissions school-around 2/3rds of students receive financial aid. The class of 2008-Joshua's class!-graduated with a median debt of just [...]