Harvard Now Says it Won’t Accept Federal Coronavirus Stimulus Funds
“Harvard has denied ever applying for or receiving any funds through PPP”
This is the right thing to do but remember they basically had to be shamed into it.
FOX News reports:
Harvard won’t ‘seek or accept’ federal stimulus money after calls from Trump to return cash
Harvard University announced in a statement Wednesday that it will no longer “seek or accept” aid from the CARES Act Higher Education Emergency Relief Fund, one day after President Trump demanded the Ivy League school return federal relief cash.
The prestigious university had received nearly $9 million in federal funds through one of the government’s relief programs doled out through the Department of Education, but the allocation drew backlash from Trump.
The president on Tuesday claimed the university was receiving money through the Paycheck Protection Program, which is intended to help struggling small businesses. Harvard has denied ever applying for or receiving any funds through PPP, and has clarified that the type of funding it received was given to most other U.S. colleges and universities, to be used for direct financial assistance to students and to cover costs incurred by the schools due to the coronavirus.
As the pandemic initially began forcing businesses and schools to shutter, Harvard announced a plan in March to provide university employees with 30 days of paid leave with benefits without accounting for the gap between then and the end of the academic year.
Workers petitioned the wealthy university, which has received a $40 billion endowment, to extend the payments until the end of May. Eventually, Harvard extended its pay policy to just that.
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Comments
No federal funds should go to any university or college–with few exceptions they are bastions of the hate America far left–and Harvard is one of the worst examples of that.
I still say we should tax the crap out of these massive endowments. Use the money to pay off a few student loans. Think of it like a windfall profits tax. Remember those?
Harvard is such a scumbag den these days.