Harvard will borrow $750 million from Wall Street after the Trump administration puts in $8.7 billion in federal funds for ruling while investigating the university’s response to alleged anti-Semitism on campus.
The Department of Education (ED) announced on March 31 that Harvard University is at risk of losing federal funds. List of requests Reform and implement the disciplinary process for destructive anti-Semitists in order for schools to maintain taxpayer dollars. A Harvard University spokesman confirmed with the Daily Caller News Foundation that it plans to “have a taxable debt of up to $750 million for general corporate purposes.”
“As part of our ongoing contingency plan for various financial situations, Harvard is evaluating the resources needed to advance our academic and research priorities,” a university spokesperson told DCNF.
Harvard was in debt of $7.1 billion in 2024 and was notified to DCNF that it is expected to increase its number to $8.2 billion after the bond is issued.
Massachusetts students, including Harvard University and other Massachusetts, will gather in Cambridge, Massachusetts to protest by scientists on the Cresie Lawn at the Massachusetts Institute of Technology on April 22, 2024. (Photo: Scott Eisen/Getty Images)
The Joint Task Force to Fight Anti-Semitism, made up of the ED, the Department of Health and Human Services (HHS), and the General Services Agency (GSA), began a review of Harvard’s federal fund after a September investigation conducted by the House Committee on Education, finding that the workforce “had failed Harvard.” Includes protests confusion class, occupation Campus buildings and multi-day formation Camp. (Related: Harvard offers free tuition to students despite claiming it is a cash strap)
“Harvard has served as a symbol of American dreams for generations. It is a pinnacle of students from all over the world working hard and enrolling in renowned institutions,” said Education Secretary Linda McMahon. I said In a press release to announce the review. “Harvard University puts its reputation in serious danger, not protecting students on campus from anti-Semitic discrimination – all free-study and fostering divisive ideology.
Harvard I said On March 10, the Trump administration had halted all jobs as it cut federal indirect research funds to schools. A few days later, the school announced that it would offer free tuition fees to all students whose families earn less than $200,000 a year.
Harvard University rakes at approximately $1.4 billion a year from student costs. According to Up to its 2024 financial records, there are more than $53 billion in donations.
The task force has also revoked funds from Columbia University after failing to deal with anti-Semitism cases and protect Jewish students. The university then entered into a preliminary agreement with the task force. The Trump administration also frozen about $210 million in funding to Princeton University after claiming it had failed to tackle anti-Semitism on campus.
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