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Harvard's endowment is around $40 billion. They're awarded about $600M in Federal grants per year. Though I'm sure they'd prefer to keep receiving them, they'd
by CobrastanJorji 7y ago
Harvard's endowment is around $40 billion. They're awarded about $600M in Federal grants per year. Though I'm sure they'd prefer to keep receiving them, they'd be just fine without them. It seems like turning down Federal grants and handling admissions as they like would satisfy everyone.
- tathougies 7y agoI mean that's fine. I'm not out to get Harvard. They have every right to their private wealth. Just don't expect governmental recognition and public praise.
- bluecalm 7y agoWould everyone be satisfied if a restaurant or a store discriminated based on race even if it doesn't take any federal funds? Racist policies are racist. Hopefully Supreme Court takes it and strikes it down.
- travisoneill1 7y agoThe real money is paid directly to students through federal student loans and then to the university.
- tathougies 7y agoIn order to qualify for the scholarship, a student must be attending a university recognized by the federal government. You can't get a government loan or aide to attend tathougies's super cool pottery school -- for good reason. Some educational institutions are illegitimate. And that is just scholarships. Harvard is a graduate institution, which means the federal government also funds research projects at the graduate school level.
- travisoneill1 7y agoAnd I would argue that Harvard is also illegitimate as it practices racial discrimination. Guess we'll see if the supreme court agrees.