International gifts and agreements to American colleges and universities have a$ 60 billion figure, according to a guardian record. According to a report from the right-leaning guardian Americans for Public Trust, “ten elite universities raking in a third of the money, raising issues about national protection and a lack of conformity with reporting laws,” Americans for Public Trust discovered the$ 60 billion that was being diverted from foreign companies to thousands of American education institutions.
The Education Department’s data dates back several decades, state investigations, data from educational organizations, think container reports, and other digital sources led to the development of the guardian report.
” For far too much, a staggering amount of foreign income has flowed into our colleges and universities with little supervision or clarity,” he said. According to Caitlin Sutherland, executive director of Americans for Public Trust, “many of these unusual money can be traced back to nations that have established hostile ties with the United States or engage in direct or indirect malicious actions against our land.”
The most concerning factor is not just the fact that our educational systems are receiving funding from foreign entities; it’s also who these foreign entities are that causes the most concern. Significant amounts of foreign aid from American adversaries and Middle Eastern countries were identified by” Americans for Public Trust.” According to National Review, Qatar invested more than$ 342 million in colleges and universities last year, while China invested another$ 176 million.
Additionally,” Saudi Arabia, an oil-rich, Muslim nation with longstanding ties to the United States,” donated$ 175 million to colleges and universities last year despite its alleged involvement in the 9-11 attacks and its human rights record. Another$ 81 million was brought in from Hong Kong, where the Chinese Communist Party has “repressed civil liberties and exercised complete control over the political system.”
According to the report, Harvard University received the most foreign funding, accounting for$ 3.2 billion, followed by Cornell University and Carnegie Mellon University, which are funded by$ 2.8 billion, University of Pennsylvania, which is$ 2.5 billion, and Massachusetts Institute of Technology, which is funded by$ 2.1 billion.
The University of Cincinnati received the most foreign currency in 2024, accounting for$ 237 million, while Cornell received the second-highest amount, accounting for$ 203 million. According to the report, Stanford University received$ 125 million in gifts and foreign aid last year, while Stanford University received$ 150 million.