Harvard University will no longer accept funding allocated to it through a federal coronavirus aid package after President Trump questioned why the school needed assistance, given its large endowment fund.
“We have previously said that Harvard, like other institutions, will face significant financial challenges due to the pandemic and economic crisis it has caused,” the university said in a statement. “We are also concerned however, that the intense focus by politicians and others on Harvard in connection with this program may undermine participation in a relief effort … for the purpose of helping students and institutions whose financial challenges in the coming months may be most severe.”
“As a result of this, and the evolving guidance being issued around use of the Higher Education Emergency Relief Fund, Harvard has decided not to seek or accept the funds allocated to it by statute,” the university added.
Read more at The Hill.
{Matzav.com}
Trump has saved taxpayers maybe tens of millions of dollars on Harvard alone who has endowments of 35-40 billion dollars, He should also question other ivy league colleges who are also sitting on billions of dollars.
Another bastion of Liberalism.
We simply do not care what these elitist think.
Great! That saves us taxpayers a bundle! Thanks Harvard Administrators
no! thanks president trump for calling them out!!
Harvard “professor” calls homeschooling ‘dangerous,’ says it gives parents ‘authoritarian control’ over kids.
Harvard needs a good investigation regarding their $40 billion endowment.
I think in protest to the president Harvard close it’s doors forgood
Libs are the biggest hypocrites. They believe in spreading the wealth, just not THEIR wealth
Ayom venorah. !! Go TRUMP go!
Fig Harvard. No muff no cuff. Just pick.