Harvard University announced it will not comply with orders from Donald Trump to cut DEI programs and expel students in involved in pro-Palestinian protests.
I don’t think all the people I was telling understand how much money Harvard has.
It’s … Way way more than it appears on paper.
They have, over the last 40 years or so, systematically bought commercial real estate in Boston, left it vacant to devalue the housing property in the neighborhood, then bought houses in the neighborhoods, bulldozed, expanded. They own way more of Allston than people realize. Let’s not even talk about their endowment, which can pay for all students tuition on interest alone.
Here’s a fun one.
42.3580140, -71.1385711
Try and figure out what that building is, who owns it, what it’s for. It’s like 5 acres. In the middle of a major capital city.
Yeah. Good luck. (P.S. it’s Harvard)
Now note proximity to Harvard Stadium.
Harvard runs shit. In broad daylight secrecy. Within a democratic stronghold.
Let me guess and you guys support these billionaires who pocket student money, correct? Just because it looks like it’s fighting another of your imaginary enemies?
Scott Galloway on YouTube often mentions this on his podcasts. That Harvard and a few others have turned from being a university with money to a private equity fund with some students.
Donald Trump proposed taxing large private university endowments as part of his 2024 election campaign.
This tax aims to fund the creation of the “American Academy,” a new institution designed to provide free, high-quality educational content. The tax would target excessively large endowments, collecting billions of dollars to support this initiative
This proposal is part of a broader effort to reshape higher education and address political controversies within universities. The tax on endowment investment income could significantly impact universities with large endowments.
FINALLY. One university with the balls to stand up to Trump.
I don’t think all the people I was telling understand how much money Harvard has.
It’s … Way way more than it appears on paper.
They have, over the last 40 years or so, systematically bought commercial real estate in Boston, left it vacant to devalue the housing property in the neighborhood, then bought houses in the neighborhoods, bulldozed, expanded. They own way more of Allston than people realize. Let’s not even talk about their endowment, which can pay for all students tuition on interest alone.
Here’s a fun one.
42.3580140, -71.1385711
Try and figure out what that building is, who owns it, what it’s for. It’s like 5 acres. In the middle of a major capital city.
Yeah. Good luck. (P.S. it’s Harvard)
Now note proximity to Harvard Stadium.
Harvard runs shit. In broad daylight secrecy. Within a democratic stronghold.
So you’re telling me Harvard may be home base for a modern day revolution when it comes. Noted!
They’ll protect themselves first. If that means working with the regime then that’s what they’ll do.
Let me guess and you guys support these billionaires who pocket student money, correct? Just because it looks like it’s fighting another of your imaginary enemies?
Scott Galloway on YouTube often mentions this on his podcasts. That Harvard and a few others have turned from being a university with money to a private equity fund with some students.
Someone should support them! Poor guys, can’t catch a break!
Maybe Lemmy should run defence on them
What’s the point of sitting on a $53B endowment if you’re not going to use it? Losing $9B in contracts to fight fascism is worth every penny.
Donald Trump proposed taxing large private university endowments as part of his 2024 election campaign.
This tax aims to fund the creation of the “American Academy,” a new institution designed to provide free, high-quality educational content. The tax would target excessively large endowments, collecting billions of dollars to support this initiative
This proposal is part of a broader effort to reshape higher education and address political controversies within universities. The tax on endowment investment income could significantly impact universities with large endowments.
Who in their right mind is against this?
The Government will retaliate. I wonder if all intentional students will now be under a watchful eye
I do not believe someone ever said once “hey wait a minute did I woke up in Harvard? That wasn’t the plan at all?!”