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Harvard made over 300 million dollars in suprlus profit last year.
They now are taking 9 million dollars in taxpayer aid to cover the cost of tuition loss.
Why doesn't this prestigious school use its own money to STAY PRESTIGIOUS?
Why dont they spend 9 million from that 300 million surplus profit they made?
Harvard, America'''s Richest University, Grabs Nearly $9 Million In Taxpayer CARES Aid
Time to burn down Harvard? /sarcasm
Oh ya, also besides this, Harvard has accrued 41 BILLION dollars in endowments/donations/accumulation. And on top of that 41 BILLION dollars and 300 MILLION dollar profit they need to take 9 million from taxpayers......
They now are taking 9 million dollars in taxpayer aid to cover the cost of tuition loss.
Why doesn't this prestigious school use its own money to STAY PRESTIGIOUS?
Why dont they spend 9 million from that 300 million surplus profit they made?
Harvard, America'''s Richest University, Grabs Nearly $9 Million In Taxpayer CARES Aid
Harvard University, already supported by a massive $41 billion endowment, is getting nearly $9 million in taxpayer aid from the federal Coronavirus Aid, Relief and Economic Security Act, the U.S. Department of Education announced.Under the terms of the payout from CARES’ Higher Education Emergency Relief Fund, at least half of the $8.7 million earmarked for Harvard must be reserved for emergency financial grants to students, according to the Harvard Crimson, which was the first to report the aid.
But at least some of that money — which could be used to cover tuition payments and course materials — would also end up in Harvard coffers.
Time to burn down Harvard? /sarcasm
Oh ya, also besides this, Harvard has accrued 41 BILLION dollars in endowments/donations/accumulation. And on top of that 41 BILLION dollars and 300 MILLION dollar profit they need to take 9 million from taxpayers......