June 10 (Bloomberg) -- Harvard University President Drew Faust talks with Bloomberg's Matt Miller in New York about the outlook for the university's endowment.

Faust says the prospects for a 30 percent decline in the university's endowment is a "good estimate." (Source: Bloomberg)

00:00 Outlook for 30 percent endowment drop

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Last Updated: June 10, 2009 17:52 EDT