Harvard Has An Endowment Of Over $50 Billion | So Why Do Federal Cuts Of A Few Billion Matter?

Harvard University’s finances have become the latest target of the Trump administration – and experts say the hits could hurt.

In the past week, the administration has threatened Harvard University’s funding from multiple angles: freezing billions in federal funds, and potentially revoking its non-profit tax status and its ability to enroll foreign students.

More than $2.2 billion in federal grants and contracts have been frozen and even more could be siphoned away if the other pressures materialize. Harvard Medical School is preparing for possible layoffs and the School of Public Health, which received three stop-work orders on research this week, is winding down two leases in off-campus buildings.

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