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.
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.
Georgetown has been out ahead of this for weeks. But they get no press because they’re (a) not Harvard and (b) not humiliating themselves in compliance rituals like Columbia, so they aren’t as exciting to cover.
You’ve also got schools down in Texas - A&M and UT particularly - that have already been fully integrated into Governor Abbott’s brand of Lone Star Fascism that there’s little to report. Just a bunch of admins saying, in thick German accents, that everything is normal and there’s nothing to see.
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?
They have the largest academic endowment in the world. All of their students could go there for free for basically forever but they still collect tuition. Somehow they’re brave because of this though.
FINALLY. One university with the balls to stand up to Trump.
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.
This just sounds like they’re going to contract PragerU to rebrand their videos and then someone will pocket billions of dollars.
It’s just how he’s going to get around the prohibition on bills of attainder.
They only need to create law that can be arbitrarily enforced and then enforce that law on your enemies.
Georgetown has been out ahead of this for weeks. But they get no press because they’re (a) not Harvard and (b) not humiliating themselves in compliance rituals like Columbia, so they aren’t as exciting to cover.
You’ve also got schools down in Texas - A&M and UT particularly - that have already been fully integrated into Governor Abbott’s brand of Lone Star Fascism that there’s little to report. Just a bunch of admins saying, in thick German accents, that everything is normal and there’s nothing to see.
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?
Trump is imaginary?
They have the largest academic endowment in the world. All of their students could go there for free for basically forever but they still collect tuition. Somehow they’re brave because of this though.