Update to this post on Ivy League divinity schools: In its profile on Harvard’s new endowment director, the New York Times reports “the divinity school has warned it may not be able to cover tuition for all its students with need.”

Though it’s the wealthiest school in the nation, Harvard University:

…relies on its endowment to generate a third of the money for its operations, and the endowment is on the verge of posting its biggest loss in 40 years.