President Trump says his administration will probably settle with Harvard University over its defiant stance toward the White House over its concerns about campus antisemitism and merit-based hiring and admissions.
“They want to settle very badly. There’s no rush,” Mr. Trump said Thursday. “How much? A lot of money.”
Harvard could lose up to $ 1 billion in annual revenue by not cooperating with the Trump administration if the president decides to cut off all federal grants and research funding.
The Ivy League school is reaching out to some of its most affluent donors to help the university in its time of financial need to support its $6.4 billion annual operating costs, according to a report by The Wall Street Journal, as its $53 billion endowment may not be enough to pull the school out of the hole.
However, donors have imposed limitations on over 80% of these contributions, so