The university said it would “dedicate $250 million of central funding” towards research and continue searching for funding sources other than the federal government. Harvard recently declined to comply with the Trump administration’s demands to settle their dispute, resulting in additional funds lost and flagging the school as ineligible to qualify for future federal grants. “Although we cannot absorb the entire cost of the suspended or canceled federal funds, we will mobilize financial resources to support critical research activity for a transitional period as we continue to work with our researchers to identify alternative funding sources,” Harvard’s message reads. Harvard President Alan Garber is also taking a voluntary 25% pay cut to offset the financial restraints of the Ivy League school. Harvard does not disclose Garber’s salary, though it has been estimated to be above $1 million based on previous presidents’ salaries.Brother, can you spare a few million...
Friday, May 16, 2025
Hard Yard
Harvard is officially on its own:
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