Harvard Is Sitting on Over $40 Billion

In a Moody's study, the Ivy league school is shown to be the richest

Harvard Business School campus in Boston.

Photographer: Rick Friedman/Corbis
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The rich are getting richer in U.S. higher education, a new report shows.

The assets of the 40 wealthiest institutions, led by Harvard University, have increased 50 percent over the past five years, according to research being released Thursday by Moody’s Investors Service, the New York bond-rating company.