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| -Lurid Crime Tales- | |
| Havard gets very greedy! | |
| 2020-04-22 | |
| [BBC] Coronavirus: Harvard rejects Trump demand to pay back aid. Harvard University has pushed back against US President Donald Trump after he demanded it pay back nearly $9m (£7.3m) in coronavirus relief aid. The president said he was unhappy that the ultra-wealthy Ivy League college had received stimulus money. But the university said the funds would help students facing "urgent financial needs" because of the pandemic. Harvard is rated the world's wealthiest university with an endowment fund valued at $40bn. At Tuesday's coronavirus briefing, Mr Trump told a journalist: "I want Harvard to pay that money back, OK? If they won't do that, we won't do something else. "They have to pay it back, I don't like it. This is meant for workers, this isn't meant for one of the richest institutions, not only, far beyond schools in the world. They got to pay it back."
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| Posted by:3dc |
| #5 Harvard is saying their funds came from CARES, not PPP, which is good I guess because they qualified. CARES money is supposed to be split 50/50, students in financial need / coronavirus expenses. They 'said' they would be vectoring all of it to students in financial need. Cheap PR for them. Not everything they do sucks, but then I remember the Chem dept head being hauled away. That is a raw spot for me, as it smells like corruption. |
| Posted by: Whiskey Mike 2020-04-22 11:59 |
| #4 We all have to play the game. That's the Shitshow, Jake |
| Posted by: Lex 2020-04-22 10:22 |
| #3 A.B. or S.B. I think, unless they changed it. Just tweaking you, Lex :) My kids had the same point of view though; they thought Harvard undergrad was a joke and refused to even apply. Their tune changed when it was time to get their PhD's. |
| Posted by: Whiskey Mike 2020-04-22 10:01 |
| #2 About 45-50% of Harvard's undergraduates every year are full-freight, i.e. their parents write checks for $75,000 or more, or $300,000+ for these kids' undergraduate degrees. At the rate of increase, that sum paid by nearly half of H's brats will amount to half a million dollars for a shitty undergrad BA or BS -- with honors, of course, since every H student has an 'A' average whether he or she's actually mastered anything or not. So that means every year, the H. Admissions Committee needs to find and persuade to attend H some 800 or so ultra-wealthy children. The same goes for another 25 or so absurdly expensive overrated private colleges that also charge their wealthy spawn ridiculous suns for their buttwipe BA/BS undergrad degrees. Among this nation's best and brightest college-bound HS seniors there simply aren't enough ultra-wealthy high achievers to full those spots. (It's all there in the SAT's data sets.) Where does all this lead? To China, of course, and to our shitty politico-oligarch class. It's largely from China and from our Gores and Obamas and Clintons and Bushes and the rest of the SS clown-roster that these overrated, overfunded, overcharging private elite colleges fill their classes and from whom they fund their operations. It's no wonder our age has produced such a stupid, incompetent and shitty political class. |
| Posted by: Lex 2020-04-22 08:07 |
| #1 Wrong tense. Harvard IS now and has always been greedy. Their begging and rent-seeking are legendary. Not to mention their land theft. |
| Posted by: AlanC 2020-04-22 07:53 |