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2020-04-19 Home Front: Culture Wars

Harvard Getting $9 Million in Coronavirus Aid, While Sitting on $40 Billion Endowment

Cut all the Diversity and Race Cultural Commissars
[LI] "the government has mandated that at least half — $4,327,874 — be reserved for emergency financial aid grants to students"

Harvard University will receive nearly $9 million in aid from the federal government through the Coronavirus Aid, Relief, and Economic Security Act, the Department of Education announced last week.

The CARES Act ‐ the largest economic stimulus package in American history ‐ was signed into law on March 27. It allocates nearly $14 billion to support higher education institutions during the ongoing coronavirus pandemic.

Of the $8,655,748 Harvard is slated to receive, the government has mandated that at least half ‐ $4,327,874 ‐ be reserved for emergency financial aid grants to students.

The Department of Education will distribute the first $6.28 billion to colleges and universities to cover expenses such as course materials, technology, food, and housing students have incurred "related to disruptions in their education due to the COVID-19 outbreak," according to a April 9 press release.

Posted by Frank G 2020-04-19 14:11|| || Front Page|| [11133 views ] Top

#1 Of course they are. They were advising the Wuhan lab after all.

Posted by M. Murcek 2020-04-19 14:16|| 2020-04-19 14:16|| Front Page Top

#2 Sure, why not? It figures. Hedge funds (the "experts" in money management) are asking for federal assistance, too.

Posted by Clem 2020-04-19 14:20|| 2020-04-19 14:20|| Front Page Top

#3 We will enter the age where money is worthless and useless. Interesting times...

Posted by M. Murcek 2020-04-19 14:23|| 2020-04-19 14:23|| Front Page Top

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