Decision comes after a further$ 450 million cash cap from the government
Due to his choice to take a 25 % pay cut, Harvard University’s president may soon receive a smaller money.
President Alan Garber, who is likely to earn at least$ 1 million, has declined to comply with the Trump administration’s demands regarding antisemitism and DEI. Otherwise, the school will continue to receive hundreds of millions in federal money.
In a show of support for faculty and staff who are facing pay freezes, President Garber ( pictured ) made the announcement recently. More than 80 faculty members from a number of universities and educational departments have pledged to donate 10 % of their pay for up to a month to help the University if it continues to oppose the Trump presidency, according to The Harvard Crimson.
The Ivy League university even has a freeze on paying, according to The Harvard Crimson.
According to the scholar news:
Harvard halted faculty and staff choosing in March, directing institutions to reduce discretionary spending, review money projects, and end new multi-year commitments. In April, Harvard made a promise to not give validity pay raises to university and non-union workers for the fiscal year 2026. Additionally, as officials acknowledge they anticipate long-term economic impact, faculty of arts and science professors were given the task of creating contingency plans for how their departments would solve budget shortfalls earlier this month.
Garber has previously cut his pay in response to difficulties facing Harvard. He took a similar 25 % cut in his 2020 role as provost in response to the Covid-19 crisis. As Harvard prepared to face a slated$ 750 million income shortfall, then-President Lawrence S. Bacow and many supervisors also agreed to temporary decreases.
According to the student newspaper, a petition challenging Trump’s breaks is still pending in court.
President Trump has criticized Harvard, alleging that it discriminates against people of color and doesn’t protect Jewish individuals.
He pledged to rescind the school’s tax-exempt standing in early May, as The Fix reported. However, the school claimed that” there is no legal base” for doing so.
For a remarkable action would put a strain on our ability to fulfill our educational mission. The university told Fox News,” It would result in decreased financial aid for students, abandonment of critical medical research programs, and lost opportunities for innovation.” The general use of this tool in its entirety may have a significant impact on the future of higher education in America.
According to federal watchdog group Open the Books, Harvard’s investment has continued to grow while it is funded by billions of dollars in national funds.
” In any given time, Harvard collected more federal grants and contracts than they had the potential to gain from tuition, room and board, and other factors. The organization discovered that this does not take into account economic support, loans, etc. but rather self-reported tuition costs from Harvard.
According to its report,” And yet, even more astonishing: Harvard’s endowment has grown by$ 14 BILLION since 2018 ( for a total of$ 53.2B), which means they are sitting on more than$ 7 million for every undergraduate student as they collect billions in grants and contracts.”
Less: Colorado State University provides “reproductive care packages” to learners in pro-life states.
Alan Garber, chairman of Harvard University, and YouTube on IMAGE CAPTION AND CREDIT
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