Trump Administration Freezes $790 Million in Federal Funding
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The conditions include slashing all diversity, equity and inclusion programming and cooperating with law enforcement officials.
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Northwestern University now joins a growing list of colleges across the country to have its federal funding cut by the Trump administration.
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In a letter last week, the government listed conditions that Harvard must meet to receive federal money, including a ban on protesters wearing masks.
By Kanishka Singh WASHINGTON (Reuters) -Harvard University plans to borrow $750 million from Wall Street as part of contingency preparations, it said on Monday, days after President Donald Trump's administration said it was reviewing $9 billion in federal grants and contracts in a crackdown on alleged antisemitism on college campuses.
Harvard faces a federal review, which could jeopardize $8.9 billion in funding. The review follows funding cuts at Columbia, leading to the university conceding to federal demands. Several teacher's unions have sued Trump's attempt to cut funding for ...
Harvard's borrowing plan follows a similar move by Princeton University, which announced on April 1 that it may issue about US$320 million in taxable bonds later this month. Princeton also revealed that the US government had frozen several research grants.
What were your first thoughts this week when you heard that the feds were threatening to strip as much as $8.7 billion in handouts to Harvard University? Number one, It’s about damn time!
It’s a similar playbook to the letter of provisions that the government sent to Columbia University. This time, though, the asks were more vague.
Harvard President Alan Garber says his university will work with the federal antisemitism task force after it launched a review of the school. On Monday, the task force announced it will be
Some of the elite universities hit with federal funding suspensions consider cuts and selling bonds amid uncertainty about federal funding.