After Being Called Out By President Trump Harvard Elites Decide to Return $8.7 Million in Government Bailout Cash

Harvard

On Tuesday President Trump told reporters he was not happy about Harvard University received a federal coronavirus bailout. President Trump said he was going to ask them to give it back.

The school has a $40 billion endowment.

Originally Harvard said they were not going to give back the funds.

Today, they reversed their position.
They’re giving back the money and Princeton shamed Harvard, elegantly.

Harvard University

✔@Harvard

 · 13h

1/5 Harvard will not accept funds from the CARES Act Higher Education Emergency Relief Fund. Like most colleges & universities, Harvard has been allocated funds as part of the CARES Act. Harvard did not apply for this support, nor has it requested, received or accessed the funds

Harvard University

✔@Harvard

2/5 We are concerned that intense focus by politicians & others on Harvard in connection with the program may undermine participation in a relief effort Congress created & the president signed into law for the purpose of helping those whose financial challenges may be most severe

137

1:01 AM - Apr 23, 2020

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Princeton University

✔@Princeton

#PrincetonU has determined it will not accept funding allocated under the CARES Act. Princeton has not yet received any of these funds, and never requested any of these funds.

367

11:25 PM - Apr 22, 2020

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