To no one’s surprise, you can stick a fork in Harvard’s Allston campus—it’s done.

Harvard Mag reports,

Harvard is in effect rebooting its planning effort for that expansion overall, implying a longer deferral of Allston development—and raising the prospect of significant changes from the prior vision of new homes for Harvard School of Public Health (HSPH) and Harvard Graduate School of Education (HGSE), a cultural and performing-arts complex, additional and expansive laboratories, and other facilities.

What a sad and difficult and fascinating moment for Harvard. After decades of educational supremacy, the university, largely because of fiscal mismanagement, is getting hammered. From faculty retirements to staff retirements and layoffs to undergraduates without hot food to the demise of campus expansion, Harvard has been ravaged by financial losses.

The only question, really, is whether any other university is in a position to surpass it—or whether Stanford, Yale and others are equally hampered.

Regardless, this announcement makes clear that Harvard’s golden age is over. How long will the rebuilding process be?

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Addendum: Sigh. The Globe gets the story completely wrong here. No, education reporter Tracy Jan, it’s not just that Harvard isn’t going to build the science center; the university is bowing out of the entire project and reevaluating the entire plan.

Hmmm. Columbia has the money to build but can’t buy the land. Harvard has the land but not the money. Perhaps Columbia should give up on Harlem and think about Allston?