Now Harvard states it WON’T take bailout money after Trump shamed school

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Now Harvard states it WON’T take bailout money after Trump shamed school

Now Harvard says it WON’T take bailout cash after Donald Trump voiced anger that Ivy League college with $41 billion endowment was due coronavirus assistance

  • Harvard announced Wednesday that university would not take any cash assigned to the institution from the CARES Act
  • On Tuesday, President Trump called out the Ivy League school by name, as Harvard was set to get $8.6 million from the costs’s higher education fund
  • The president lumped Harvard in with other big businesses who had taken advantage of the Paycheck Protection Program
  • The fund set up for colleges was a different pot of cash, but part of the $2 trillion bailout bundle passed by Congress to handle the coronavirus
  • On Wednesday, Stanford and Princeton likewise announced that they informed the Department of Education to reallocate their funds
  • Here’s how to assist people affected by Covid-19

By Nikki Schwab, Elder U.s. Political Reporter For Dailymail.com

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